🗞 Bitcoin Recovers $$ 97K Despite Whale Selling Pressure 🚀

Bitcoin (BTC) has been on a tear again, hitting a monthly high of $$ 97.822, registering a 3% gain in the last 24 hours. This marks the end of a challenging week in which the price remained below $$ 95.000, according to data from CryptoSlate.

💰 What's Going On?

Selling Pressure: Old whales continue to take profits, generating additional supply in the market.

BTC Resilience: Despite this, broader demand and investor optimism are driving the price.

📊 Key Facts:

According to CryptoQuant CEO Ki Young Ju, the selling by these whales reflects long-term strategic moves, but it is not enough to suppress the appetite for Bitcoin.

🔮 What to expect?

With Bitcoin breaking through important barriers, the next psychological level of US$$ 100.000 seems closer.

The selling pressure from whales, although significant, can be absorbed by institutional demand and the growing interest in Bitcoin ETFs.

Bitcoin once again shows its strength and ability to recover, even amid challenges! 🌟

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