diff --git a/.github/ISSUE_TEMPLATE/bug_report.yml b/.github/ISSUE_TEMPLATE/bug_report.yml
index d4ff13c54c3..5de17163eac 100644
--- a/.github/ISSUE_TEMPLATE/bug_report.yml
+++ b/.github/ISSUE_TEMPLATE/bug_report.yml
@@ -33,8 +33,9 @@ body:
       label: Che version
       description: if workspace is running, version can be obtained with help/about menu
       options:
-        - "7.119@latest"
+        - "7.120@latest"
         - "next (development version)"
+        - "7.119"
         - "7.118"
         - "7.117"
         - "7.116"
diff --git a/VERSION b/VERSION
index a81bcd06083..27ffc08905c 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-7.120.0-next
+7.121.0-next
diff --git a/tests/e2e/package-lock.json b/tests/e2e/package-lock.json
index 352a9c13070..c89c04700a2 100644
--- a/tests/e2e/package-lock.json
+++ b/tests/e2e/package-lock.json
@@ -1,12 +1,12 @@
 {
 	"name": "@eclipse-che/che-e2e",
-	"version": "7.120.0-next",
+	"version": "7.121.0-next",
 	"lockfileVersion": 3,
 	"requires": true,
 	"packages": {
 		"": {
 			"name": "@eclipse-che/che-e2e",
-			"version": "7.120.0-next",
+			"version": "7.121.0-next",
 			"license": "ISC",
 			"dependencies": {
 				"@eclipse-che/api": "latest",
diff --git a/tests/e2e/package.json b/tests/e2e/package.json
index 48c78a2a269..404ea28f4af 100644
--- a/tests/e2e/package.json
+++ b/tests/e2e/package.json
@@ -1,6 +1,6 @@
 {
 	"name": "@eclipse-che/che-e2e",
-	"version": "7.120.0-next",
+	"version": "7.121.0-next",
 	"description": "",
 	"main": "dist/index.js",
 	"scripts": {