🚨Profit Alert! 📈💸 Is Bitcoin Approaching $100,000? This Signal is Insane!
Bitcoin recently surged to $97,000, just 3.5% away from $100,000, and on-chain data is repeating the accumulation pattern seen before the big surge in 2024. CryptoQuant points out that the buying power of short-term holders is consistent with previous surges, indicating that a breakout is imminent.
Blockware is also bullish, stating that long-term holders have increased their holdings by 150,000 BTC over the past 30 days, and almost no one is willing to sell below $100,000. The rebound in dollar liquidity is another key factor, similar to the major bull market of 2020-2021.
The technicals are also supportive, with the super trend showing 'buy', and prices above key moving averages. Overall, the next stop: $100,000 is just around the corner! Are you ready?