#BTCvsMarkets Will BTC return to $100k?

Yesterday BTC surpassed $94,000, bringing short-term holders back into profit. But now a reversal is observed, why?

✔️After breaking the $91,700 level, most short-term investors are back in the black. However, there remains the possibility of profit-taking.

📈Since February, long-term holders have increased their reserves by 363,000 BTC. Activity has also been observed from whales, who during this period acquired an amount equal to 300% of the annual issuance of BTC.

⚡️April showed strong activity from new buyers. This indicates an influx of fresh capital even at high levels.

⛔️About 392,000 BTC were purchased at an average price of $97,000. This creates a strong potential sell-off zone. Consequently, the $95–96k range may become strong resistance.

📊Conclusion: The rise in the Bitcoin price to $95,000 has returned profits to many groups of investors; however, near the maximum of the BTC range, selling pressure remains.

Due to this, before rising to $100k, there is a high probability of several pullbacks.