$BTC Breakout Ahead: Whales Eye $111K Despite Retail Slowdown

Despite a 10% dip in retail demand—marking the lowest transfer activity in the $0–$10K range in six months—Bitcoin’s bigger players are stepping in. On-chain data shows a sharp contrast: while small wallets are retreating, whale accumulation continues to rise, potentially setting the stage for BTC's next explosive move.

Technical Outlook

Bitcoin has formed a textbook cup and handle pattern, a classic bullish signal.

Support reclaimed: $101,506 bounce confirms short-term floor

Current price: ~$107,389

Breakout target: $111,897

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