$BTC
Bitcoin (BTC) Bearish Trend Weakening Amid Increased Whale Accumulation
Whale addresses holding 1,000+ BTC are holding at 2,056 after earlier pullbacks, reflecting cautious accumulation by major holders.
BTC is facing major resistance at $94,200, with support at $90,700; a break of either level could determine the next price direction.
BTC Price Prediction: Can It Resurge to $100,000?
Bitcoin price is currently approaching a critical resistance level at $94,200. If this level is breached, it could open the door for further upside momentum, with potential tests of 98,700 and then 102,500 if the uptrend strengthens.
This formation reflects the continued bearish sentiment in the market. If the downtrend regains strength, BTC could retest the support at 90,700. If this support fails to hold, the next downside target could be 88,089.