Leading digital asset Bitcoin (BTC) hit a record high of $126,199 on Monday, marking a major milestone. However, since reaching this peak, the coin has largely traded sideways, showing signs of hesitation among traders. With many market participants anticipating a potential move below the $120,000 region, on-chain indicators suggest that a short-term downward trend could be looming. Bitcoin Momentum Weakens as Holders Exit Subtle signs of weakening momentum accompany BTC’s recent sideways trend
source: https://beincrypto.com/btc-price-rally-struggling-after-126k/