BTC new ATH - now what?
BTC printed a fresh ATH and is trying to hold above 121700 to keep the path open toward 124.5k and 127.3k.
Breakdown risk: lose 121700 - a move to 120.6–120k, then reassess.
Flows:
- CB Premium remains positive
- BTC ETF flows are still coming in (smaller than ETH, but they’re there).
Honestly, I’d prefer a dip to ~120k to cool OI RSI and flush late longs.