Bitcoin whales have purchased over 50,000 BTC in the last 10 days, indicating growing confidence in the asset.The whale activity suggests robust underlying demand for BTC and a potential recovery on the horizon.Bitcoin is currently holding above a crucial support level at $60,100, which could pave the way for a price rally.BTC must reclaim the 1D 200 moving average at $63,600 to establish solid support and regain bullish momentum.