Bitcoin has rebounded to around $110,000, approaching its all-time high, but there are no signs of the profit-taking movements seen at past peaks.
Whales show no intention of taking profits at this price level and are likely to wait for higher prices, where significant market overheating and a bubble form, before making their moves.
Ultimately, it is highly likely that we will see Bitcoin surpass its all-time high before this cycle ends.
Written by Crypto Dan
