According to Odaily Planet Daily, Coindesk analyst Omkar Godbole stated that Bitcoin's upward momentum has slowed. The daily chart shows that the price has twice encountered resistance near $122,056, forming a double top pattern, with brief pullbacks in between. Its neckline support is at $111,982; a break below this level could trigger a drop to $100,000. Current resistance levels are $120,000, $122,056, and $123,181, while support levels are $114,295, $111,982, and $100,000. Godbole noted that with the CPI data release approaching, buying momentum is weak. If inflation data exceeds expectations and weakens expectations of interest rate cuts, the market could experience a rapid decline.