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Bitcoin (BTC) has surged to $94,300 this week, testing a crucial price level as short-term holders begin to profit and institutional interest grows. The market is at a “decision point,” with BTC breaking above the Short-Term Holder (STH) Cost Basis at $92,900, indicating a potential shift from bearish to bullish sentiment. Institutional demand for Bitcoin ETFs is increasing compared to Ethereum. Profitability and investor sentiment will determine if the current uptrend is sustainable.
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