The article discusses the current state of Bitcoin and its potential for further upward movement. The Relative Strength Index (RSI) suggests that Bitcoin is in the overbought zone but remains below previous extreme highs. On-chain metrics show significant buying pressure from whales, indicating confidence in Bitcoin's momentum. Major trading platforms have experienced high activity. Bitcoin is currently consolidating above $98,000 but there is a risk of retracement to $95,000. The focus is on Bitcoin reclaiming the $99,000 valuation.



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