Bitcoin (BTC) has shown remarkable movements as it nears the $100,000 mark, with 48,000 BTC being withdrawn from exchanges in just one week. By midday Sunday, Bitcoin traded at approximately $98,165, with minimal fluctuations over the previous 24 hours, showing a slight increase of 0.08%.

This trend of pulling Bitcoin from exchanges is indicative of a stronger holding mentality among investors. It suggests that many are opting to retain their assets in anticipation of significant price surges. Investors appear to be bullish as they are not engaging in immediate selling, indicating positive sentiment in the market.

As Bitcoin approaches this critical price level, market participants will be watching closely to see how this affects trading strategies and market dynamics. The potential for a breakout is high, making this an exciting period for Bitcoin enthusiasts.