Wealthy investors’ appetite for Bitcoin continued to grow as BTC’s price is once again eyeing the $100,000 milestone going into December.
Bitcoin rebounded 6.25% from its local low of $90,742 to above $96,000 on Nov. 29 as onchain data suggested whales “took advantage” of discounted prices this week.
BTC/USD daily chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed a Bitcoin (BTC) price recovery taking shape after the recent correction as it held above $95,000.