🚀 Bitcoin's price has skyrocketed past $100,000, and it seems long-term holders (LTHs) are cashing in on the action. They've been selling at local highs, dropping their stash from $14.23 billion to $13.31 billion. But fear not, short-term holders (STHs) are stepping up to keep the party going!
- Despite the sell-off, Bitcoin's momentum remains strong.
- The AVIV Ratio suggests we're not in overhyped territory yet.
- Bitfinex predicts a mild correction, with BTC potentially hitting $145,000 by 2025.
And there's chatter about a U.S. Bitcoin reserve—could $800,000 be on the horizon? Stay tuned!