Bitcoin Network Activity Hits 18-Month High – Is This The Springboard to $100K?

On-chain metrics show Bitcoin transactions spiking to levels not seen since the 2023 bull run. Whale wallets are moving, exchange reserves are draining – the setup looks eerily familiar.

The Technical Signal Wall Street Hates: When BTC’s 200-day moving average crosses the 50-day, historically it’s meant one thing – volatility incoming. Traders are either loading up or bracing for impact.

Meanwhile, traditional finance pundits keep muttering about ’tulips’ between sips of their $8 artisanal lattes. Their loss.

Adding to the bullish case, some technical analysts say Bitcoin is shaking off recent downward pressure tied to geopolitical events and economic uncertainty. As confidence returns and long-term holders stay firm, the market may be preparing for its next leg upward—possibly targeting the $106,000 range if momentum holds.