Bitcoin continues to strengthen its position. Bitcoin recently surpassed the $97,000 mark, due to increased demand from long-term holders. Analysts have noted an increase in "ongoing holder demand," which could lead to a further increase in the cryptocurrency's value. Technically the price is holding steady in the current range above the support zone, located below the $93,000 level. The focus of attention on Tuesday will be the speech of the US Federal Reserve Chairman Jerome Powell and his comments on monetary policy Regulator.