Bitcoin has first surpassed the psychological barrier of $100,000, but soon fell below $92,000. Quickly recovering, it is trading around $98,000. According to CryptoQuant, the growth is supported by a decrease in BTC supply on exchanges and steady demand. The outflow of bitcoins from exchanges has intensified since the end of October, which may indicate bullish sentiment. However, short-term volatility is possible due to profit-taking.