Bitcoin Endures Above $100,000 for Six Consecutive Months, Signaling Potential Market Stabilization

Despite brief dips below $100,000 this week, Bitcoin (BTC) has consistently closed above the six-figure mark, marking six consecutive months of daily closes exceeding $100,000. This resilience, coupled with increasing on-chain signals, suggests a potential stabilization in the market rather than a full-blown breakdown. While volatility remains high, analysts highlight key shifts in Bitcoin’s behavior that point towards market bottoming and possible future growth.