Bitcoin's recent surge to a record $99,800 and subsequent slight correction has been closely analyzed by Cryptoquant. The firm suggests the bull market is still promising, with potential for further gains surpassing $100,000. Their analysis indicates encouraging onchain metrics supporting this forecast.
Cryptoquant's data provides optimism in the crypto community, highlighting strong bullish indicators leading to the possibility of Bitcoin reaching substantial new heights, potentially going over $146,000. This reinforces positive market sentiments and maintains a focus on continued upward movement.