Bitcoin has shown resilience after surpassing $107,000 and maintaining stability above this level, signaling bullish sentiment among key investors.
Whale inflows of Bitcoin to exchanges have significantly declined, suggesting a shift towards long-term holding strategies and reducing immediate selling pressure.
Similar patterns seen in recent whale activities resemble those observed in 2024, indicating potential future price spikes if current trends persist.
Crypto analysts anticipate Bitcoin's next move towards a new all-time high, with technical indicators pointing towards a potential surge to $125,000.