Bitcoin (BTC) continues to impress! 🚀 Despite the recent rise to $93,400, CryptoQuant analysts are confident that the cryptocurrency is not overvalued and may soon reach $100,000. Demand for BTC is growing, and stablecoin liquidity is increasing by millions daily.
MVRV shows that BTC is not overvalued, even after 30% growth. Investors are returning, especially after the US elections. However, miners are starting to sell, which may cause some selling pressure. 💰