Bitcoin reached a HIGH of 108,000 USD but corrected to 95,144 USD due to profit-taking. The support at 95,000 USD is vital to sustain upward momentum, shifting focus on new buyers entering the market.
The profit-taking from current mid-term holders recalls patterns from the 2015-2018 bull RUN. Indicators show increased activity from new investors, suggesting a growing demand for Bitcoin despite some ownership ratios being below previous peaks.
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