Bitcoin must break this level to resume bull market as 2.4 billion USD in BTC leaves exchanges

As of March 25, 2025, Bitcoin (BTC) outflows reached a 7-month high, totaling over 27,740 BTC worth around 2.4 billion USD. Significant withdrawals were made by whale investors who extracted over 11,574 BTC, valued at approximately 1 billion USD.

The current Bitcoin price is trading at 88,265 USD, aiming to breach a key resistance level at 88,682 USD, the 20-week EMA. Historical trends show that significant spikes above this level have led to substantial rallies in Bitcoin’s value.

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