Bitcoin: Whales Halt Selling as Accumulation Resumes
Bitcoin whales stop selling with on-chain data showing renewed accumulation at $66863 amid bullish MACD and overbought RSI on 4h chart.
SourceAnalysis
Bitcoin whales have stopped selling their bags as on-chain data confirms large holders resuming accumulation, ending the local distribution phase and tightening market supply.
Price at $66863.15 tests upper Bollinger resistance at $66531.33 while RSI(14) at 72.47 signals overbought conditions and MACD holds its golden cross at 789.93; this confluence points to a probable retracement toward the EMA50 support at $64275.94 before continuation higher, with EMA200 at $69656.32 capping upside. Traders tracking BTC price prediction models now watch whale flows alongside crypto market crash risks and AI industry impact on risk assets for the next directional move.
Crypto King
@CryptoKing4EverSpecializes in cryptocurrency investment and market analysis, with a focus on Bitcoin, Ethereum, and Solana ecosystems. Provides trading strategies and altcoin research for crypto enthusiasts.