🚀 Bitcoin Hits $2T Market Cap – New Buyers Rush In, But Caution Ahead! 🚨
📌 Bitcoin’s market cap surged past $2 trillion as price topped $100K, marking its highest level since January. But while fresh money floods in, key players are treading carefully—here’s what’s happening:
🔍 Key Insights from On-Chain Data (Glassnode):
✅ First-Time Buyers in FOMO Mode – Retail interest is spiking, with "First-Time Buyers RSI" maxed at **100** all week. New investors fear missing out (FOMO) as BTC rallies.
⚠️ Momentum Buyers Stay Weak (RSI ~11) – Big traders aren’t chasing the pump yet, signaling **potential consolidation** if demand slows.
📉 Profit-Taking Rising – Some holders are cashing out, adding sell pressure.
📊 What’s Next for BTC?
- If new inflows continue, $BTC could push higher.
- If momentum buyers stay sidelined, expect sideways action or a pullback.
- U.S. inflation data (CPI) today could be the next major catalyst!
💬 Your Take?
👉 Bullish continuation or correction ahead? Drop your predictions below!