Bitcoin eases from $122,000 high on profit-taking; CPI report looms

Bitcoin’s push toward new records was stopped by profit-taking, causing a price retreat from a high of $122,200 back to $118,500. A technical gap in the CME futures market between $117,430 and $119,000 has created a potential target for a short-term price pullback. source: https://coinjournal.net/news/bitcoin-eases-from-122000-high-on-profit-taking-cpi-report-looms/