Bitcoin has achieved an accumulation of over 163 billion USD between 115,500 USD and 120,000 USD, indicating strong interest from short-term investors. The price remains consolidated in this range, with 120,000 USD acting as a key resistance level.
The Bitcoin Flow Pulse shows declining signals among long-term investors, suggesting an environment of mixed market sentiment. If FOMO-driven buyers maintain confidence, Bitcoin could breach the 120,000 USD threshold, targeting 122,000 USD, thus shifting bearish sentiment.
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