#حل Today's word on the topic of Binance The Long Game consists of 4 letters
Big bets on Bitcoin: Flows worth $3.2 billion and whale accumulation indicate a breakout of $106,000
(BTC) is preparing to reach significant price milestones in 2025, supported by optimistic forecasts from Matrixport, Willy Woo, and other institutions.
Backed by exchange-traded funds and a positive sentiment in the market, Bitcoin is considered a speculative asset and a promising long-term investment option. However, if the profitable supply exceeds 90%, the market should remain cautious of potential corrections.
Many positive on-chain metrics
The Bitcoin market shows encouraging signs as supply on centralized exchanges (CEX) has dropped to its lowest level in 7 years. According to data from CryptoQuant, only about 2.492 million BTC remain on exchanges. This is a sharp decline from 2.488 million BTC recorded the previous Friday.
