CandleFocus Calm Before the Storm: Is Bitcoin About to Explode Above $100K? (BTC Price Analysis)
2024-12-01
Author: Content Editor
Bitcoin's price has been steadily climbing and creating new all-time highs. Despite a recent pullback, the support level at $90K has helped push the price higher again. The market is now moving towards the $100K milestone and it could only be a matter of time before it is reached. Additionally, the number of active addresses on the Bitcoin network has been increasing, indicating higher network activity, which has historically led to higher Bitcoin prices. This suggests that even higher prices could be expected in the coming months if network activity continues to rise.
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