Bitcoin is back in the spotlight as fresh bullish momentum holds the crypto market. and Bitcoin USD I’m currently trading $103,856traders and investors wonder –Is Bitcoin trying to beat the all-time high (ATH)?
Burning this speculation is a massive whale movement that only shook the market. Dive into the latest Bitcoin news, analyze your BTC charts, and explore why major gatherings are just around the corner.
Whale Activity: A long position of $390 million shows the reliability of Bitcoin USD
In major developments, crypto influencers Ash code Whales reported they had increased The BTC long position is $390 million use 40x leverage. It’s a bold bet that suggests insiders’ confidence in the imminent surge in BTC prices. Historically, such whale activities have often preceded a sharp move towards the new Bitcoin As.
Bitcoin Technical Analysis: BTC gears up for breakout
- the current Bitcoin USD price: $103,856
- Immediate resistance: $105,700 – Breakouts above this level can cause rapid movement $110,000.
- Strong support: $100,000 – Bitcoin recently bounced off this key level and confirmed it as an important floor.
- RSI (Every Weekly): 64.32 – still shows a room for further rise under the zone that was over-acquired.
50 Weeks of SMA $79,979 It strengthens Bitcoin’s strong long-term bullish trend. The technical outlook is very positive as BTC is trading comfortably above the main moving average.
Important BTC price levels to monitor
The first resistance is in between $105,700 and $110,000. If Bitcoin clears this zone, the rally will $115,000 Range, and even push to new things Bitcoin As.
In terms of support, the important level to monitor is $100,000 As a major support, $86,939 As a secondary support level. A strong bounce from these zones will further validate bullish emotions.
Current Whale Location: What major players do
The most recent data shows that whales keep it $390 million BTC position Already sitting in invalid profit $283,000. This huge location is backed up 40x leveragea clear indication that major players are betting big on Bitcoin breakout.
It’s past other major positions in the market $41 million at Kpepe Longsalready generated more $15 million profitand is an important position in XRP, one of them is currently at a loss.
This aggressive whale behaviour suggests that smart money is preparing for a big move. This aims to bring Bitcoin back to or exceed its all-time high.
Bitcoin Price Prediction: Will Bitcoin hit new ATHs soon?
Whale is making aggressive moves Bitcoin USD Hovering just below the main breakout level, all eyes are in BTC. If momentum continues, bitcoin may be on the verge of reaching something new The best ever (ath).
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