Recent trends indicate that both retail investors and whales are preparing for a bullish breakout in Bitcoin. Smaller holders, particularly those with less than 1 BTC, have shifted from distributing to accumulating, reflecting growing confidence in BTC’s price actions.
Bitcoin faces resistance at around 106,000 USD. Current price fluctuations are crucial, with key support established above 101,000 USD. Should the price fall below this level, it could trigger increased volatility and liquidations.
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