Bitcoin Hits $104K Before Dipping To $90K As Long-Term Holders Reignite Volatility

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Bitcoin’s recent surge to an all-time high of $104,000 awakened long-term holders, who added selling pressure that briefly pulled prices back to $90,000. With dormant BTC re-entering the market, heightened volatility is expected to persist. https://twitter.com/kyledoops/status/1866082880344199247?t=Fc3q1pkNEddgcLEgOZojxg&s=19 In the options market, traders are recalibrating following Bitcoin’s climb past $100K. Options Open Interest (OI) rose to $37.3 billion on December 8, up from $33.5 billion the previous week, signaling renewed hedging activity. However, this figure remains below November’s peak of $45.4 billion. Similarly, options volume recovered to $3.03 billion on December 8 but still trails November’s highs of $4.86 billion, reflecting a

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