$BTC All guns blazing! The $116,000 mark was easily conquered, leaving the shorts completely stunned!
Who would have thought that the $4,000 gap from $112,000 to $116,000 could be crossed by Bitcoin in the blink of an eye? This lightning rebound felt like hitting the accelerator for the market, shattering the script of 'shorts creating panic'—the chips they threw out were instantly snatched up by whales and institutions as 'sweet pies', becoming the strongest booster in the main upward wave!
On the policy front, good news is flooding in: the doors of the U.S. pension 401(k) are officially open for Bitcoin, and stablecoin legislation has taken root. This is not just a green light; it's like building a highway for capital inflow! As regulatory attitudes soften, the entire compliance landscape of the crypto market has been thoroughly revamped, with previous 'gray areas' now becoming hot commodities.
Looking at on-chain data, large transfers are as frequent as giving out red envelopes during the New Year, and the accumulation actions of institutional accounts are hard to hide—it's clear to anyone with eyes that the main players are secretly 'fueling' the year-end trend!
Don’t think that $116,000 is the ceiling; at most, it’s the new foundation laid by the main players. At this rate, aiming for $150,000 is the real moment of fireworks!