$BTC

BTC approaches $100K – Opportunity or the final trap?”

Bitcoin (BTC) is exciting the entire market as it nears the $97,000 mark, a level not seen in many months. This price surge is supported by significant capital inflows from investment funds and strong accumulation from whales – over $190 million in BTC has been collected in the past week.

However, beneath the price surge lies potential profit-taking pressure: many inactive wallets are transferring coins to exchanges. This could create an unexpected correction if BTC fails to surpass the resistance level of $97,700.

Analysts believe that if BTC maintains above $96K, the upward momentum could push the price towards $100K as early as May. This is a sensitive time – either seize the opportunity or be left behind.