Bitcoin: Breaks $80,000 on Garrett Jin Whale Buys

Bitcoin surged past $80,000 right after the US equity open on heavy accumulation by the Garrett Jin whale entity, which opened a 1,330 BTC long worth $107 million at an average of $78,057 and now holds $3.05 million in floating gains.

Price action on the 4h chart shows BTC testing upper Bollinger resistance at $79,082.91 while RSI(14) sits at 78.61 in overbought territory and MACD registers a bullish golden cross at 369.36; with the 50-EMA support anchored at $77,352.02 and the 200-EMA at $74,696.52, a healthy retracement toward that 50-EMA level appears probable before continuation. Crypto whale accumulation and Bitcoin technical analysis both point to sustained institutional flows that could shape near-term BTC price prediction models.