Bitcoin Price Pauses for BreathConsolidates Gains Before Next Big Move?

Bitcoin's price has slightly decreased after reaching a new high of $123,200. It is now trading below $120,000. There's potential for the price to increase again if it breaks through the $120,000 resistance level, possibly reaching $123,200 again. However, if Bitcoin fails to surpass $120,000, it could continue to decline, with support levels around $118,200 and $115,500. Technical indicators show the MACD losing pace in the bearish zone and the RSI below 50.