Degen

Despite Bitcoin (BTC)’s recent dip below $95,000, market analysis platform Santiment predicts that any price correction for the cryptocurrency will likely be short-lived.

This prediction is based on strong interest from institutional investors and continued accumulation of Bitcoin by whales.

Sentiment data shows that wallet addresses with at least 10 BTC accumulated 63,622 BTC, worth $6.06 billion, in November alone.

The price of Bitcoin (BTC), which was looking to reach the $100,000 level, fell yesterday under pressure from sellers and reached the $93,000 range.