Bitcoin’s price has recently increased by 3%, maintaining stability above 105,000 USD. The 7-day MVRV Ratio currently indicates a potential for short-term growth, while whale activity has hit a one-year low, reflecting caution among large holders.
The market is at a key point, suggesting possible consolidation before testing new highs or returning to support levels. If Bitcoin maintains its growth, it could test resistance around 108,561 USD, with further potential to reach 110,000 USD.