Recent data from CryptoQuant highlights a growing accumulation trend among major Bitcoin investors, with wallets holding 1,000–10,000 BTC expanding at a rate exceeding their 30-day average.
Bitcoin’s price has been volatile in recent weeks, briefly dipping below $75,000 before rebounding sharply. The BTC price has since recovered nearly $9,000 from its lows, peaking at $83,500.
Although the rally stalled, Bitcoin remains firmly above $81,000 after a slight pullback. Its market cap now stands at $1.62 trillion, with BTC dominance over altcoins climbing past 60%.
As Bitcoin regains momentum, large-scale investors are increasing their holdings. CryptoQuant reports that the number of wallets containing 1,000–10,000 BTC is rising faster than usual, signaling strong confidence in Bitcoin’s long-term potential. These investors—typically excluding exchanges and mining pools—are often viewed as crucial in sustaining Bitcoin’s value as both a speculative asset and a store of wealth.
Moreover, the uptick in whale balances aligns with Bitcoin’s latest price surge. Despite broader market uncertainties, BTC’s resilience above $81,000 suggests robust underlying demand.
> *Large investor demand for Bitcoin continues to rise.*
> *Wallets holding 1K–10K BTC are growing faster than their 30-day average.*
> *Historically bullish, this trend reflects strong market conviction.*
>
> — CryptoQuant.com (@cryptoquant_com) April 10, 2025
### **Analysts Weigh In on Bitcoin’s Next Move**
With key metrics signaling accumulation, analysts are weighing in on Bitcoin’s potential trajectory.
- **Enzy Bitcoin**, a well-known market observer, notes that Bitcoin tends to rally after filling price gaps. He points to the recent $70,000–$75,000 gap as a potential springboard, suggesting BTC could surge toward $130,000 in the near term. This pattern has held true in previous cycles, reinforcing bullish expectations.
- **BitBull**, another prominent analyst, draws parallels between Bitcoin’s stability and recent turbulence in U.S. equities. While traditional markets face pressure, Bitcoin has held strong above $80,000, demonstrating its market leadership. Some experts argue that prices below $100,000 may still present a buying opportunity.
### **Long-Term Bullish Outlook for BTC**
Analyst **Carl Moon** offers an ambitious long-term perspective, emphasizing the importance of market cycles—particularly during bear traps. He predicts Bitcoin could eventually reach $500,000, with leading altcoins also experiencing substantial gains.
#BTCPrediction #SecureYourAssets #TariffsPause #MarketRebound #LearnAndDiscuss
**Disclaimer:** This article is for informational purposes only and does not constitute financial advice. The views expressed are the author’s own and do not necessarily reflect the stance of *The Crypto Basic*. Readers should conduct their own research before making investment decisions. *The Crypto Basic* is not liable for any financial losses.
