Bitcoin has reached a new all-time high above $112,000, signaling a bullish trend amidst macroeconomic uncertainties and market volatility.
Despite the surge in prices, whale activity in Bitcoin remains neutral, with large holders not rushing to sell their holdings.
The absence of aggressive whale selling indicates confidence in further upside potential for Bitcoin, with support holding strong and market sentiment remaining positive.
Bitcoin's current technical levels suggest a bullish market structure, with key support around $103,600 and potential for further upside if it holds above $110,000.