Bitcoin experienced a brief dip below the $100,000 mark before recovering slightly after reaching a new all-time high of $109,000. Burak Kesmeci analyzed Bitcoin's trading volume on Binance and noted a decline in selling pressure, suggesting a potential rally if sustained buyer engagement continues. However, Avocado Onchain pointed out increased stablecoin flows and a negative Coinbase Premium, indicating a cautious market environment and the potential for an extended consolidation period for Bitcoin.



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