Bitcoin has experienced a notable increase in its price, moving up from $92,000 to reach a recent high of $98,950. This upward trend has reignited the interest of both investors and market analysts, who are now keenly observing to see what the next major price movement will be for Bitcoin.
Even with the positive outlook and bullish sentiment in the market, there are concerns regarding the lack of trading volume, which may be necessary to sustain a strong impulse move. The rapid ascent has also raised some caution among those worried about a potential overheating of the asset.
