Bitcoin's average daily trading volume on centralized exchanges stands at $31 billion, significantly lower than the record highs of $40 billion seen earlier this year. Despite a recent price pullback from its all-time high of $108,364 to a local low of $92,100, the market sentiment remains cautiously optimistic, with key support at $95,000 crucial for maintaining bullish momentum. Analysts suggest that if Bitcoin can hold above this level, a push towards $100,000 could be on the horizon, while a drop below $92,000 may signal a deeper correction.
