๐ $BTC Price Prediction โ Hereโs Whatโs Incoming for the BTC Rally This Week
๐ Crypto markets are showing strong momentum, with Bitcoin holding above $94,000. Altcoins like PENGU, XMR, and DEEP are seeing double-digit gains. As U.S. trading opens, buying pressure is increasing, hinting at a possible breakout past key resistance levels.
๐ Whales are aggressively accumulating BTC. Glassnode data shows wallets holding over 1,000 BTC have jumped from 17.2K to 17.3K. This massive accumulation suggests whales are betting on a major bullish move ahead, potentially igniting strong price action soon.
๐ฅ After breaking out of a falling wedge pattern, Bitcoin surged past $88,500 and entered a key range between $94,170 and $94,900. Bulls are working hard to maintain this zone before launching the next leg upward.
๐ On the daily chart, Bitcoin is consolidating gains, with RSI nearing overbought territory and CMF trending upward, signaling strong money inflow. If BTC can break above the $98,500โ$99,000 range, a rally toward $100K seems imminent.
โ ๏ธ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.