Bitcoin is experiencing bullish momentum with the current price at $103,856, sparking speculation of a potential new all-time high (ATH).
A whale has placed a significant $390 million long position on Bitcoin with 40x leverage, indicating confidence in an upcoming price surge.
Bitcoin's technical analysis suggests immediate resistance at $105,700 and potential breakout towards $110,000, with strong support at $100,000.
Whales are positioning themselves for a major move, with the $390 million BTC holder already profiting and signaling a bullish sentiment for Bitcoin's future.