Whales Buy Bitcoin as BTC Returns to $100,000 Bitcoin rose by 12% in seven days as whale addresses show slight accumulation, indicating increasing confidence from large holders.
Technical charts, including Ichimoku cloud patterns and EMA, show strong bullish momentum with increasing volatility and buyer dominance.
BTC targets the $100,000 level as a major resistance; the continuation of the rise depends on maintaining support at $92,920 to avoid a potential bearish reversal. Bitcoin (BTC) has risen by nearly 12% over the past seven days, gaining momentum as it recovers key technical levels and approaches major resistance areas. The recent price increase has been supported by a slight recovery in the number of Bitcoin whale addresses, indicating renewed accumulation by large holders.
Technical indicators such as the Ichimoku cloud and EMA lines suggest a strong upward trend, with bullish formations indicating continued buyer dominance. As BTC approaches the $100,000 mark again, whale activity and chart signals will determine whether this rally has further room to continue.
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