Bitcoin maintained strong momentum over the Thanksgiving weekend, with demand on Coinbase remaining intact. The positive Coinbase Premium Gap, which measures the price of Bitcoin on Coinbase against other exchanges, indicates localized buying pressure. The appeal of Bitcoin to investors is highlighted by its superior performance on risk-adjusted metrics like Sortino and Sharpe ratios. This performance demonstrates Bitcoin's attractiveness and growing legitimacy as an investment asset. Despite increased selling pressure from long-term holders, new buyer inflation has absorbed the pressure and kept the market stable. The current price of Bitcoin is $96,701.60, and it is expected to face resistance at $97,500. A break above this level could lead to further gains toward $100,000. However, a support area at $91,000 is crucial to prevent downside.



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