Bitcoin recently dipped to the $104K–$106K range, trading around $103K, with retail sentiment hitting deep bearish levels—whales continue to accumulate amid volatility . Network activity has slowed to roughly 500K transactions per day, even as settled value stays robust . A surge in Bitcoin Knots nodes—now about 2,909 (+638%)—signals ideological divergence from Core ahead of an October relay policy change . Meanwhile, Bitcoin mining hit all‑time highs in difficulty and hashrate, yet miner revenues face pressure from falling fees and rising costs . Institutional dynamics shift too: Michael Saylor predicts BTC could hit $21M by 2046, citing growing geopolitical/regulatory support .