$BTC
Headline:
Bitcoin selling at $95K is a "profit-taking pressure test", but large investors (whales) are still buying.
Key Takeaways (Translated):
US Economic Condition:
The US economy (GDP) shrank by 0.3% in Q1 2025, while analysts had expected a 0.3% increase. This has raised fears of a possible recession.
Selling Pressure on Bitcoin:
Bitcoin is under selling pressure, as its spot volume delta dropped by $300 million within just three days.
Investor Behavior:
Large investors (known as “whales”) are still accumulating Bitcoin, while smaller investors are selling — indicating that they are taking profits.
Price Drop:
Bitcoin was priced around $94,104, but fell below $93,000 on April 30th, following the release of US GDP data.
Summary:
Bitcoin's price is experiencing fluctuations. Small investors are selling to take profits, while bigger players are buying at lower levels. Economic conditions, especially in the US, are influencing Bitcoin’s market movements.