Bitcoin (BTC) Price: Market Showing Resilience After Historic Run to $124,457

TLDR Bitcoin reached a new all-time high of $124,457 before pulling back to around $120,000 On-chain data shows short-term holders adopting a holding pattern, reducing selloffs Exchange netflow metrics mirror patterns seen before previous bull markets in 2017 and 2021 NVT Golden Cross compression (53.92% drop) potentially signals a market turning point Strong derivatives activity [...]

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