Bitcoin is in the spotlight, guys! 🚀 On November 22, 2024, BTC approached the $100,000 mark, and just hit a new ATH of $98,988! 😲 In the past 24 hours, its price has surged by more than 5%, making the market mood super bullish. 📈
Interestingly, Bitcoin whales are not stopping their action! 🐋 They just bought 2,895 BTC worth $283 million from Binance! 💰 This shows that big investors are accumulating BTC as the price continues to rise. 🔥
There are several reasons behind this optimism, including positive market sentiment, massive adoption by whales and institutions, and the resignation of SEC Chairman Gary Gensler. 📊 Bitcoin is now trading around $98,600, and trading volume has increased by almost 50%! 📈
Now, many are wondering if BTC can break through $100,000. 🤔 According to technical analysis, BTC is consolidating between $96,320 and $98,100. If it can break through $98,100, BTC is likely to reach $100,000 in the near future! 💥
Currently, BTC is also above the daily 200 EMA, indicating an uptrend. 📈 The RSI indicator also shows a potential upward rally that could happen soon. So, let's just wait! 👀$BTC
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