Bitcoin's price remains volatile as it struggles to maintain the $100,000 support level against strong resistance. Short-term holders play a crucial role, with recent supply trends reminiscent of May 2021's accumulation phase. If BTC fails to hold above $92,500, selling pressure may increase.
The RHODL Ratio indicates rising short-term speculation, a common pre-peak indicator, and its decline may signal an impending correction. Historically, post-ATH phases lead to panic among new entrants. A drop in Bitcoin price to $93,625 or even $92,005 is plausible if bearish momentum prevails.
However, sustained accumulation could help reclaim $100,000, potentially driving Bitcoin towards its all-time high of $105,000.
Sumber: nl.beincrypto.com ↗