$BTC
🐋💥 What are the whales doing now? Analyzing Bitcoin movements at $105,000
📈 Current price: Bitcoin is currently trading at levels of $105,000, after a strong bounce from a low of $99,000. This strong movement raised questions:
Are the whales buying? Or are they preparing to sell? 🔍
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🧠 Whale movements and On-Chain analysis:
✅ Aggressive accumulation: Over the past few weeks, whale wallets (100–1000 BTC) have increased their holdings by more than 122,000 BTC, reflecting strong confidence in the continued rise.
🔄 Large transfers to exchanges from massive wallets (over 10,000 BTC) may indicate an intention to take profits soon.
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📊 Technical situation and predictions:
The price is moving in the range of $104,000–$106,000, facing resistance at $110,000.
The main support at $100,000 remains solid for now.
Today's price increase coincided with news of a temporary truce in the Middle East, which restored confidence in global markets.
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🚀 Summary:
Although some whales are distributing their coins, the majority continue to accumulate quietly. The market seems ready for a new breakout, and the next target could be $120,000 if the price holds above $110K.
