Whales Gobble Bitcoin as BTC Nears Make-or-Break Price Wall
11
2
Bitcoin’s accumulation phase intensifies while price action flirts with a critical resistance level—just as Wall Street ’experts’ start revising their $100K price targets downward (again).
Here’s what’s driving the momentum:
- On-chain data shows whales accumulating at levels not seen since the 2023 rally
- Exchange reserves hit 4-year lows as holders refuse to sell
- Derivatives markets signal cautious optimism with balanced longs/shorts
The real test comes next: Either BTC smashes through $72K to confirm the bull run, or gets rejected harder than a banker at a crypto meetup. Tick tock.
By:
