Bitcoin has pulled back after reaching a record high of $93,800 last week on the back of Donald Trump’s election victory. 🪙

- Whales and miners have sold large amounts of BTC to make a profit. Even Satoshi-era miners have moved their Bitcoin.

- $400 million has been withdrawn from spot Bitcoin ETFs, suggesting the price has reached a local high.

- Indicators like RSI and MVRV suggest BTC is overbought. However, the community is optimistic. 🚀