Bitcoin surpasses $104,000 and enters a new era.
This is not just a number: it is the direct consequence of a structural change in the ecosystem.
Since the beginning of 2024, more BTC has left exchanges than in any other recorded year, generating an unprecedented supply pressure. At the same time, 70% of the total supply is in the hands of holders who have not moved their coins in over a year: a clear sign of long-term confidence.
But there is more: at the network level, mining difficulty reached an all-time high just days ago, which means more computing power than ever is securing Bitcoin.
The network is stronger. The currency, scarcer. And the market, more determined.
If this resistance breaks with volume, we could enter true price discovery, where the price is dictated by pure demand.
We are witnessing something that was previously just a theory.
The laggard of ETH could bring many good news.
#BTC104K | #Bitcoin | #Binance | #CryptoFundamentals | #BullRun2025 | #OnChainTruth
