Bitcoin has seen a surge to nearly $100,000 during the Christmas season, causing traders to become optimistic with predictions that the price could reach $110K. However, according to the analytics company Santiment, Bitcoin often goes against the crowd's expectations. 📉

In the past week, the price of BTC has sharply declined from $108,000 to $92,000, resulting in investors realizing over $7 billion in profits. The current important support level is $97,300, where 1.51 million wallets have purchased about 1.49 million BTC. Holding above this level is necessary to avoid panic selling. 💡