Crypto News: 🐋
BTC was once again unable to break the $98,000 mark and fell below $95,000. The reason? Whales, large investors, may have decided to take profits by sending significant amounts to Binance.
But not everything is bad! Despite the drop, BTC is holding above $96,175, which analysts consider an important support level. As long as this level is maintained, bulls can hope for growth.
It's too early to panic! Rafael from Glassnode notes that the unrealized profit metric is at 0.74, which is below critical values. This means that BTC has the potential for growth. 📈