The price of Bitcoin continues to fluctuate around the $100,000 mark after a strong increase since Donald Trump's election victory. Although it reached a new peak at $99,800, Bitcoin has corrected but has now recovered and surpassed $98,000.

Data from IntoTheBlock shows that about 60,000 addresses have purchased 22.74K BTC at higher prices than the current level, which may create selling pressure as the price recovers. However, 458,000 other addresses have accumulated 344,000 BTC in the range of $96,717 to $98,293, creating a strong support base for the potential to surpass $100,000. 🚀

Volatility is expected next week due to economic factors in the U.S., but the national holiday may lessen this volatility. 📉