Bitcoin is on the brink of a significant milestone as it approaches the $100K resistance level. This upward momentum is attributed to bullish signals from on-chain metrics, suggesting potential growth. However, this doesn't come without challenges, as technical uncertainties loom.
Interestingly, there's a noticeable decline in Bitcoin exchange reserves, showing that more holders are opting to keep their assets off exchanges. This trend reveals growing confidence among holders, possibly hinting at future price movements. The crypto community eagerly watches Bitcoin's next moves, as breaking this resistance could set the stage for unprecedented highs.
