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Bitcoin (BTC) Price Prediction: Bitcoin Holds Firm After $50B Whale Sell-Off—Can Institutional Control Fuel the $150K Surge?

  • Bitcoin price remains steady above $108,500 despite a whale sell-off of over 500,000 BTC worth more than $50 billion.
  • Institutional demand is reported to be absorbing the excess supply, supporting Bitcoin's resilience and potential for an uptrend towards key resistance levels.
  • Institutional entities have acquired nearly 900,000 BTC over the past year, marking a shift towards Bitcoin as an institutional-grade investment and collateral.
  • Prediction markets reflect optimism, with rising bets on Bitcoin reaching $150,000, driven by increased institutional participation and positive sentiment surrounding Bitcoin's future.

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