Bitcoin's price briefly dropped to $93,000 before bouncing back above $94,000, sparking optimism among investors.Long-term Bitcoin holders on Binance have reduced their selling pressure, indicating a positive outlook for the digital asset.Old Bitcoin is not being sent to exchanges as before, suggesting a decrease in distribution and selling pressure from experienced investors.Spot buying volume on Binance has exceeded selling volume for the first time in over 6 months, reflecting a shift in sentiment towards Bitcoin.