Bitcoin's price has been fluctuating around $95,000 since November 20, not yet reaching a new peak but still in a price discovery phase. According to analyst James Check, long-term holders are "braking selling" to prevent the price from rising further. 🚗

The market is currently six times the low of the FTX cycle and has encountered resistance, correcting from similar levels in previous cycles. However, Bitcoin still has the potential to reach higher levels.

Market capitalization has reached a record high of $3.67 trillion, with altcoins like Binance Coin and Tron leading the growth. 📈