Bitcoin briefly touched $94,000 before retreating again, a typical weekend tug-of-war. Although Google search volume shows a decline in retail enthusiasm, on-chain data indicates that the number of addresses holding over a thousand BTC has increased by nearly a hundred in recent months.
Clearly, this market movement is driven by institutional funds, and retail FOMO sentiment is low. The real competition is in the $95,000-$95,500 range; a breakthrough targets $110,000, but don’t rush.
If it doesn't break, it might be wise to take profits first.