Bitcoin (#BTC ) is currently trading at $99,633, up 1.23% today, with an intraday high of $99,633 and a low of $95,761.

Recent data indicates a decline in Bitcoin's on-chain activity, with transaction numbers hitting a one-year low. However, increased demand from long-term holders suggests potential bullish momentum ahead.

Analysts note that Bitcoin is struggling to break above the $100,000 resistance level, with market sentiment remaining cautious.

As always, investors should conduct thorough research and exercise caution in the volatile cryptocurrency market.