$BTC The price of Bitcoin has just surpassed the 100,000 USD mark based on the average cost basis of short-term holders (STH), for the first time in history. This is determined based on data from the on-chain analysis company Glassnode.

*Current Situation:*

- The current price of Bitcoin is 117,776.58 USD, down 1.72% compared to the previous day.

- The cost basis of STH Bitcoin has reached 100,000 USD, confirming the importance of this price range in the event that Bitcoin enters a deeper correction.

- Both short-term and long-term investors are taking profits around the historical peak, with total profit-taking volume reaching 3.5 billion USD in the past 24 hours.

*Causes and Impact:*

- The growth of Bitcoin is believed to be due to the U.S. budget deficit and the stability of the cryptocurrency market.

- Investors are taking profits after a strong rally of Bitcoin, especially after the price surpassed the 100,000 USD mark.

- Some analysts predict that Bitcoin could reach the 135,000 USD mark before entering a correction phase.

*Important Note:*

- Buying and trading cryptocurrencies should be considered a high-risk activity.

- Investors should conduct their own due diligence before making any investment decisions.