š Bitcoin enthusiasts, the race to $100K is heating up! After a rollercoaster ride following the US elections, Bitcoin has soared to an all-time high of just over $99,800. While the bears briefly pulled it back, BTC is now climbing again, sitting comfortably above $98,000.
š On-chain data reveals intriguing investor behavior: 60,000 addresses are slightly underwater after buying 22.74K BTC above current prices. Yet, the real story is the robust support forming below, with 458,000 addresses holding 344,000 BTC between $96,717 and $98,293. This could be the springboard BTC needs to leap past the coveted $100K mark.
Stay tuned as Bitcoin's journey unfolds amidst potential market volatility! š
