The price of Bitcoin is looking to rise to $130,000 how and when?
The price of Bitcoin is looking for a massive increase with whales buying 83,000 Bitcoins $BTC
Critical support may be at $94,000 - $95,000, a major buying area for Bitcoin bulls.
Breaking above the resistance level of $106,000 could lead to a rapid push towards the $130,000 target.
Recent Bitcoin price movements have been the talk of the town as bulls have regained their momentum. Amidst this, it seems that major Bitcoin holders, or whales, are actively working to accumulate more Bitcoin. This indicates the possibility of testing the $130,000 level soon.
Furthermore, the latest on-chain data and technical analysis show signs of an upward trend. This also confirms the increasing institutional interest.
It means there is a real opportunity right now, especially since its price is currently around $102,000
