On-chain data suggests Bitcoin isn’t overheated yet, with $122,000 and $138,000 emerging as the next significant resistance levels to watch for BTC price.
Key takeaways:
BTC must clear the next significant resistance level to unlock targets at $127,000–$137,000.
On-chain data shows room to run, with $122,000 and $138,000 as the key risk levels.
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