🚀 Bitcoin - Close to reaching an all-time high but no profit-taking activity
Bitcoin has recovered to the $110k - $109k range, approaching the all-time high, but there are no signs of profit-taking activity as seen at previous peaks.
Whales have no intention of taking profits at this price level and are likely waiting for higher prices when the market is too hot and a bubble forms.
Ultimately, it is highly likely that we will see Bitcoin surpass the all-time high before this cycle ends.
