Bitcoin Price Rises Above $103,000, Signaling Bullish Sentiment and Profit Margins Rebound

Bitcoin’s price recently surged above the crucial $103,000 mark, signaling a renewed bullish trend. Long-term holders are now in a profitable position, as their realized prices have returned to around $98,000. This historical average acts as a significant support for the cryptocurrency, potentially setting the stage for further price increases if the market continues its upward momentum.