$BTC Breaks $118K — Whales Wake Up, Sentiment Mixed

Bitcoin has surged past $118,000, setting a new all-time high. Dormant wallets from 2011 and Ethereum’s genesis era have suddenly moved billions in BTC and ETH — sparking speculation, not sell-offs.

Key Drivers:

Dormant whales moved 20,000 BTC (~$2B) after 14 years

ETF flows and institutional interest fueling momentum

Community mood: bullish but not euphoric

Market View:

Support: $115K

Resistance: $120K – $125K

Momentum favors bulls, but whale moves and macro risk demand caution

Quick Take:

Bitcoin is leading again. If $120K breaks clean, $130K isn’t far. But watch the whales — they’re awake.