How Bitcoin is priced moves erratically amid economic randomness, as the price of Bitcoin recently rose by 3.13% to reach $97,021.17. There are several indicators suggesting a major price movement for Bitcoin is approaching, including:

- *Bollinger Bands Pressure*: It shows a decline in momentum in Bitcoin's price, which is usually a precursor to a strong price movement.

- *Whale Activity*: Whales have acquired Bitcoin worth over $4 billion, indicating confidence in the market for the long term.

- *Positive Institutional Flows*: Bitcoin exchange-traded funds have witnessed a wave of positive flows, reflecting a general trend towards institutional accumulation.

In addition, the number of Bitcoins available on trading platforms has dropped to a five-year low, which is considered a traditional bullish signal. The price of Bitcoin is currently testing the $97,000 level, and analysts expect it to reach higher levels in the coming period.