🚨 Bitcoin Consolidates at ~$108K Amid Whale Accumulation
Bitcoin is trading around $108,212, holding firm between today’s intraday high of $109,574 and low of $108,212. On-chain data shows wallets holding over 1,000 BTC are aggressively accumulating as price hovers just below its all-time high of ~$112K . Technical charts reveal a symmetrical triangle pattern forming – typically a precursor to decisive price moves .
Macro pressures like Trump’s tariff threats and a weakening USD continue pushing safe-haven flows into BTC.
A breakout above this triangle could ignite a push toward $110K+, while a breakdown may open the path to $105K.