๐Ÿš€๐Ÿ“Š 3 Key Metrics That Hint $BTC Price Will Hit $100K Soon

๐Ÿ“‰ Current Market Overview
After dropping 15%, Bitcoin has been trading below $100K, currently around $94,124. Despite this correction, on-chain data suggests a potential bounce toward the historic $100K mark.

๐Ÿ“Š 1. Network Realized Profit/Loss (NPL)
On-chain data from Santiment shows significant spikes in the NPL indicator on December 19 and 20, signaling panic selling. Historically, such spikes indicate local bottoms, reducing further selling pressure and supporting a price reversal.

๐Ÿ’ผ 2. 30-Day MVRV Ratio Signals Opportunity
The 30-day MVRV ratio has dipped to -4.77%, entering the historical opportunity zone (between -5% to -10%). Past trends show that BTC often forms a bottom in this range, suggesting a potential rebound is imminent.

๐Ÿ‹ 3. Whale Accumulation Continues
Supply distribution metrics reveal that whales (wallets holding 100โ€“1,000 BTC) accumulated 30,000 BTC since the ATH. This indicates strong confidence among large holders despite short-term corrections.

๐Ÿ“† Historical Trends Support Q4 Bounce
Historically, Q4 has been a bullish period for Bitcoin. Combined with resilient whale activity and favorable on-chain signals, a strong bounce appears likely.