- Bitcoin is currently trading at 100,300$ - Bitcoin had a very volatile week where we saw Bitcoin purging 104,000$ and then flash crashing to 90,000$ and after that, we saw another expansion to 98,000$ this showed buyer's interest and limit buys were quite high which pushed the price higher in no time - Bitcoin was overheated and this flash crash also helped the market to throw high-leveraged traders out of the market resetting the Funding rates - Technically I see Bitcoins weekly closing is going to very important to understand the coming weeks we need a weekly closing above 100,00 to keep the momentum strong - Important POIs are going to be 89,000$ and 77,000$ - If you are already holding BTC you can think about locking in 20% gains and rotating the same in ETH, Imo ETH will outperform BTC in the 1st quarter of 2025