Bitcoin's price briefly exceeded $100K in a previous rally, sparking enthusiasm among investors. However, the excitement was short-lived as a crash on December 5 brought BTC back down to $90K, resulting in over a billion dollars in liquidations. Despite this setback, a key indicator suggests that Bitcoin's second attempt at surpassing the $100K mark is expected to be significantly more bullish and sustained.
The optimistic outlook is based on the market dynamics and investor sentiment surrounding Bitcoin, as traders and analysts remain hopeful for a more robust breakout. The anticipation of another surge is generating discussions about the potential implications for Bitcoin's future value and stability in the market.
