Bitcoin is nearing the $100,000 mark, which has sparked optimism among investors and signals Bitcoin's continued dominance in the cryptocurrency market. However, long-term holders (LTHs) of Bitcoin are showing signs of bearish sentiment, selling their holdings and potentially putting downward pressure on Bitcoin's price. While this is a concern, the broader macro momentum for Bitcoin remains strong. The NVT Golden Cross indicator is in the neutral zone, indicating room for further growth before any potential downturn. Bitcoin's price is currently at $96,572 and could potentially reach $120,000 if it breaks the $100,000 mark. Despite short-term concerns, the overall trend for Bitcoin remains positive, and as long as it maintains key support levels, it is expected to continue its upward trajectory.



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