Bitcoin recently reached a new all-time high of $122,920 on Monday, but its price has since trended sideways. This stabilization indicates a slowdown in market momentum, particularly among US buyers who appear to be pulling back. Analysts are wondering if this pause in demand is temporary or indicative of a larger trend. As the market digests the recent price action, investors remain vigilant, eager to identify the next phase for Bitcoin and the broader cryptocurrency market. Observations in the coming weeks will be crucial to understanding the future trajectory of Bitcoin’s price.