Bitcoin is currently stabilizing at around 91,400 USD, recovering from a recent low of 84,000 USD. The overall exchange volume has sharply decreased from 88,000 BTC to approximately 21,000 BTC, indicating a reduction in selling pressure.
Whale deposit activity has notably decreased from 47% to 21%, suggesting a resurgence of confidence among larger investors. This withdrawal may indicate a trend towards a bullish market.
Market experts highlight that BTC’s future movement will rely heavily on broader economic indicators and Federal Reserve policies. Projections suggest that BTC price resistance might be around 98,700 USD, with potential upward targets reaching between 102,000 USD to 112,700 USD.
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