$BTC on the verge of crossing the $100,000 milestone, supported by strong institutional interest and market adoption. Currently trading at $96,572, it’s just steps away from rewriting its all-time high record.
📊 Market Insights
*/ LTH Selling Pressure: A negative HODLer net position change signals some long-term holders are selling, raising concerns about potential short-term volatility.
*/ Positive NVT Indicator: The NVT Golden Cross remains in a neutral zone, suggesting the broader bullish trend is intact and leaves room for further growth.
📈 Next Targets
If BTC$BTC breaks 100K$, the next stop could be $120K, with significant interest from retail and institutional investors. However, watch for potential pullbacks due to profit-taking by LTHs.