Bitcoin recently reached an all-time high (ATH) of $105,000 but has since pulled back to $102,381.72, causing concerns about the sustainability of its rally. Despite the dip, key metrics show Bitcoin's continued dominance in the crypto space. Trading volume remains high, indicating strong investor interest. The $102,000 level has become a significant support zone, and holding above it could lead to further price increases. However, if Bitcoin breaks below $102,000, it may trigger a deeper correction. Whale activity and netflows suggest that large investors are accumulating Bitcoin during rallies but taking profits during downturns. Looking ahead to February 2025, experts predict that Bitcoin will maintain a strong position in the market, with a low expected value of $117,431.16 and a potential peak of $129,993.64. Short-term volatility may persist, but strong demand and strategic whale activity could support a steady upward trend.



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