BITPRISMIA
Bitcoin's price has surged to $110,000, but analysts question the sustainability of the rally due to increased leverage-driven speculation.
The article discusses recent trends in Bitcoin's active supply and historical patterns, noting a 17% drop in active supply similar to a previous occurrence in September 2024, and explores potential implications for BTC's price.
Bitcoin's price is showing bullish momentum, nearing its all-time high, with key on-chain metrics indicating potential for further growth as active supply drops and demand builds.