**Bitcoin Whales Ease Selling as BTC Gains Strength**

Bitcoin whales are slowing down their selling as BTC shows strong performance, holding above $67,000 over the past week. CryptoQuant's head of research, Julio Moreno, noted that large sellers, holding 1,000 to 10,000 BTC, are exhausted, and valuation metrics indicate positive momentum.

BTC is up 12.15% in the last seven days, currently trading at $67,088. Traders are eyeing the critical $65,000 support level and speculating a potential rise to $69,000, which could erase $261.9 million in short positions.

Crypto trader Milkybull Crypto suggests a megaphone price pattern target between $84k-$88k. Other bullish indicators include historically low weekly Bollinger Bands, signaling continued uptrend potential.

After a turbulent month, BTC's price has rebounded, showing strong momentum and support at $64k, according to On-chain College.