Bitcoin Surges: Market Shifts Point to Potential Price Upsurge

Bitcoin price surged by 2.5% in the past 24 hours, reaching around $115,700. Despite this increase, Bitcoin remains about 7% below its peak value. Meanwhile, Ethereum and other digital assets have reached new all-time highs. Analysts suggest that market dynamics could be preparing for a price movement similar to previous rallies. This recent surge comes as major investors known as whales shift their capital towards different assets, potentially increasing the participation of individual investors in the market.