#Bitcoin generally pulls back when approaching ATH, and volume decreases. This creates a fear among traders of "Is the peak here?" However, these types of pullbacks are usually precursors to big explosions, especially if volume starts to increase again. Technical indicators show that $BTC is in a resting phase in the short term and in a bullish trend in the medium term. The $113,000–$114,000 area is a strong support both volumetrically and technically. Above, a "certain bullish confirmation" won't come until $123,700 is surpassed. A "Pennant" or "Bullish Pennant" formation may be forming, and if it breaks, the path to 140K will be opened.