Considering recent data, a strategy has allocated $1.42 billion to increase Bitcoin holdings by 15,355 BTC, signaling strong institutional confidence. Additionally, since January, the number of addresses holding over 1,000 BTC has risen by nearly 100, indicating accumulation by whales. Price forecasts are bullish, with Bitcoin expected to rise above $130,000 by mid-2025. Given this momentum and growing large-holder activity, going long on BTC appears favorable right now. However, always consider your risk tolerance and market volatility before making decisions. The trend suggests confidence in Bitcoin’s upward trajectory in the near term.
