#BTC☀

Bitcoin price declines despite the accumulation of "whales"

Bitcoin has seen a drop from $112,000 to around $105,000, despite major investors (whales) accumulating nearly 260,000 Bitcoins. This indicates that the market may be undergoing a correction phase or a "healthy break" after the recent bull run.

🏦 Strong inflows for Bitcoin investment funds

Bitcoin exchange-traded funds (ETFs) have continued to attract investments for the tenth consecutive day, with total inflows reaching $433 million, primarily driven by BlackRock's IBIT fund.

🇺🇸 The United States establishes a strategic Bitcoin reserve

U.S. President Donald Trump signed an executive order to create a "strategic Bitcoin reserve," making Bitcoin a national reserve asset. The U.S. government currently holds about 200,000 Bitcoins, solidifying the United States' position as the largest holder of Bitcoin in the world.

📊 Market analysis: Support and resistance levels

Analysts indicate that maintaining previous support levels, especially those achieved in December 2024, will be crucial for the continuation of the upward trend. Closing this week above $104,500 is considered key to resuming Bitcoin's "bull run."