Currencies32904
Market Cap$ 2.66T-4.86%
24h Spot Volume$ 38.16B+57.5%
DominanceBTC59.22%+0.78%ETH7.36%-4.27%
ETH Gas4.86 Gwei
Cryptorank
MainNews$100,000 BTC...

$100,000 BTC Price in View as Bitcoin Taps $88,000 Amid Massive Whale Accumulation


Mar, 27, 2025
1 min read
by Olivia Brooke
for ZyCrypto

S2F Creator PlanB Insists Bitcoin Will Clinch 100,000 In 2023 Via This Price Model

As the new month nears its close, the cryptocurrency market has begun to recover, and the leading crypto asset, Bitcoin, has made a slow but progressive upward run, briefly tapping $88,350.

The bullish uptrend reflects stability in momentum. Two weeks prior, Bitcoin traded at $77,500 as the global cryptocurrency market continued to record losses. Bulls quickly pulled the asset back up after the local bottom was recorded while buyers dominated the market.

Notably, data from Santiment shows a spike in the total number of wallets holding 100 to 10,000 BTC. This new development coincides with Bitcoin’s upward movement, indicating that whale accumulation might reflect renewed demand and an uptick in positive sentiment. 

Similarly, Bitcoin miners, another key demographic in the market, have clung tight to their holdings. Over the past 48 hours, no significant selling activity has been recorded. Since February 26th, 2025, the Bitcoin miners’ reserve has grown exponentially, from less than $84,000 on March 6th to $98,000 on March 26th. Until whales begin selling, the current accumulation rate is an attractive indicator for Bitcoin trades and investors.

In the near term, the outlook for Bitcoin amongst key proponents is bullish, with crypto pundits eyeing $90,000 as a potential price target for the big bull.

With key resistance at $89,500 and main resistance around $90,000, a breakout might prolong the upward rally, further serving as an entry point for new buyers. With immediate support at $85,500, a break below the $83,800 key support level could pull Bitcoin to the $82,500 support area. After successfully clearing weekly losses, Bitcoin now trades at a press-time price of $87,398.

Read the article at ZyCrypto

Read More

Bitcoin Price Still In Trouble—Why Recovery Remains Elusive

Bitcoin Price Still In Trouble—Why Recovery Remains Elusive

Bitcoin price started a recovery wave from the $81,200 zone. BTC is consolidating los...
Apr, 04, 2025
2 min read
by NewsBTC
Bitcoin Price Crashes Below $80K in Anticipation of ‘Bloody’ Monday Open for Stock Markets

Bitcoin Price Crashes Below $80K in Anticipation of ‘Bloody’ Monday Open for Stock Markets

Bitcoin drops below $80,000, triggering a liquidation cascade of around $600 million ...
Apr, 06, 2025
1 min read
by CryptoPotato
MainNews$100,000 BTC...

$100,000 BTC Price in View as Bitcoin Taps $88,000 Amid Massive Whale Accumulation


Mar, 27, 2025
1 min read
by Olivia Brooke
for ZyCrypto

S2F Creator PlanB Insists Bitcoin Will Clinch 100,000 In 2023 Via This Price Model

As the new month nears its close, the cryptocurrency market has begun to recover, and the leading crypto asset, Bitcoin, has made a slow but progressive upward run, briefly tapping $88,350.

The bullish uptrend reflects stability in momentum. Two weeks prior, Bitcoin traded at $77,500 as the global cryptocurrency market continued to record losses. Bulls quickly pulled the asset back up after the local bottom was recorded while buyers dominated the market.

Notably, data from Santiment shows a spike in the total number of wallets holding 100 to 10,000 BTC. This new development coincides with Bitcoin’s upward movement, indicating that whale accumulation might reflect renewed demand and an uptick in positive sentiment. 

Similarly, Bitcoin miners, another key demographic in the market, have clung tight to their holdings. Over the past 48 hours, no significant selling activity has been recorded. Since February 26th, 2025, the Bitcoin miners’ reserve has grown exponentially, from less than $84,000 on March 6th to $98,000 on March 26th. Until whales begin selling, the current accumulation rate is an attractive indicator for Bitcoin trades and investors.

In the near term, the outlook for Bitcoin amongst key proponents is bullish, with crypto pundits eyeing $90,000 as a potential price target for the big bull.

With key resistance at $89,500 and main resistance around $90,000, a breakout might prolong the upward rally, further serving as an entry point for new buyers. With immediate support at $85,500, a break below the $83,800 key support level could pull Bitcoin to the $82,500 support area. After successfully clearing weekly losses, Bitcoin now trades at a press-time price of $87,398.

Read the article at ZyCrypto

Read More

Bitcoin Price Still In Trouble—Why Recovery Remains Elusive

Bitcoin Price Still In Trouble—Why Recovery Remains Elusive

Bitcoin price started a recovery wave from the $81,200 zone. BTC is consolidating los...
Apr, 04, 2025
2 min read
by NewsBTC
Bitcoin Price Crashes Below $80K in Anticipation of ‘Bloody’ Monday Open for Stock Markets

Bitcoin Price Crashes Below $80K in Anticipation of ‘Bloody’ Monday Open for Stock Markets

Bitcoin drops below $80,000, triggering a liquidation cascade of around $600 million ...
Apr, 06, 2025
1 min read
by CryptoPotato