Bitcoin: OG Whales Open Massive Longs at Bottom

Bitcoin whales opened massive long positions at the market bottom last week on major exchanges including OKX, and price is now surging according to on-chain analyst Ki Young Ju.

Historical accuracy of Bitcoin whale long positions at market bottoms shows these moves often mark the start of sustained rallies, while OKX exchange long/short ratio spikes have repeatedly served as reliable bull run indicators in the past year.

Price action on the 4h chart shows BTC at $71981.91 testing upper Bollinger resistance at $71975.09 with RSI(14) at 89.25 flashing overbought conditions, yet the bullish MACD golden cross and price holding above EMA50 support at $65379.8 point to continuation after any healthy retracement.