Bitcoin has lost almost 4% since the holidays, falling below $95.2k. 📉 However, the data points to an upside. Bitcoin reserves on Binance have reached their lowest since early 2024, which could herald positive momentum in the market.
Demand for Bitcoin is growing, while OTC stocks are declining. This indicates growing investor confidence and the possibility of further price gains. 📈
Analysts predict that Bitcoin could reach $120k by the end of January, despite recent fluctuations.