Bitcoin (BTC) is currently priced at 112,784 USD and is testing resistance around 114,000 USD. Analysts indicate that it might drop to the 90,000-100,000 USD level if the key support at 110,000 USD is lost.
With 91% of BTC holders in profit, market indicators suggest BTC is likely approaching a peak, based on historical trends that coincide with similar profit conditions. Past cycles indicate a peak typically occurs 2-3 months after such metrics.
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