Bitcoin Back To $115,000: Why Is It Suddenly Going Up?

Bitcoin’s (CRYPTO: BTC) rally to $116,000 has returned millions of coins to profit and reignited optimism for a potential new all-time high.

What Happened: According to CryptoQuant, Bitcoin’s breakout above the $112,000–$113,000 resistance reclaimed three key on-chain cost bases: those of 0–1 week, 0–1 month, and under 6-month holders.

This move pushed nearly 7 million BTC back into profit, including 5.1 million BTC held by mid-term investors and 1.8 million BTC …

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