**🚨 Detailed Analysis of Recent Bitcoin Events (July 14-15, 2025) 📊** $BTC
--- #BTCWhaleTracker #BTC120kVs125kToday
### **🔎 Key Events**
1. **Major Movement by Whales 🐋**
- An inactive whale transferred **40,000 BTC** (worth **~4.7 billion dollars**) to **Galaxy Digital** via an **OTC** deal.
- Another **40,000 BTC** remains in the original wallet, raising questions about future selling plans.
2. **Market Reaction 📉📈**
- A rapid drop from **$123K** to **$117.6K** following the news.
- The price later stabilized in the range of **$117K - $118K**.
3. **Influencing Factors ⚖️**
- **Positive (67.8%)**:
✅ Institutional conversions via **OTC** (a sign of confidence).
✅ **Standard Chartered** entering Bitcoin trading.
- **Negative (32.2%)**:
❌ Concerns over selling the remaining **40K BTC**.
❌ Breaking the psychological support level of **$120K**.
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### **📈 Technical Insights**
| Indicator | Current Status | Interpretation |
|---------------|-------------------|------------------------|
| **RSI** | Overbought | Warning of potential correction |
| **MACD** | Bullish momentum | Signal for trend continuation |
| **Support** | **$117K** | New buying zone |
| **Resistance**| **$120K** | Crucial test for upward movement |
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**💡 Summary:**
- **Institutions are still active** in buying despite volatility.
- **$120K** is a major resistance level – breaking it could boost the rise.
- Continuous monitoring of remaining **whale movements** is essential.
📢 **Stay tuned for more updates**