$99.9K Wasn’t the Top: #Bitcoin May Be on Its Way to $146K 🔥

Despite hitting a record $99.9K, on-chain data suggests the bull run isn't over.

Here's why:

🔹 Top Target: #BTC  valuation metrics signal a potential top near $146K, similar to previous cycles.

🔹 New Investor Activity: Only 50% of $BTC  is held by new investors—far below the extremes of 2017 (90%) and 2021 (80%).

🔹 Retail vs. Whales: Retail investors are pulling back (-41K BTC since Oct), while whales are stacking (+130K BTC)!

No signs of overheating yet—this rally may still have legs.