Bitcoin struggles with the $ 120,000 mark: crypto rally pauses through profits from institutional investors

Bitcoin struggles with the $ 120,000 mark: crypto rally pauses through profits from institutional investors

crypto rally is stalled: Bitcoin fights with the $ 120,000 mark

The current crypto rally has lost momentum because Bitcoin has difficulty exceeding the decisive mark of $ 120,000. This decline is largely due to the behavior of institutional investors who have started to take profits with them.

In the past few weeks there have been increased inflows of institutional funds in the cryptom market, but the current developments show that demand for Bitcoin is stagnating. Institutional investors who originally relied on another price upswing seem to act more carefully and now make profits from their investments.

This dynamic could indicate that the market goes through a phase of consolidation before it may enter a new upward movement. Investors and analysts observe the situation carefully because the behavior of institutional investors is often seen as an indicator of future market trends.

Overall, it remains to be seen whether Bitcoin will soon exceed the $ 120,000 mark or whether further profit from institutional investors will continue to burden the course.