In February, Bitcoin whales have accumulated significant BTC, strengthening key support while retail traders exit. This divergence in trader behavior is reflected in the increase of wallets holding over 100 BTC and the decrease of smaller wallets, indicating a shift toward larger investors.
Bitcoin is forming an ascending wedge pattern. A breakout above 100,000 USD is critical; success could see a surge toward 106,100 USD. Conversely, if it fails to breach this resistance, it might drop to around 95,668 USD, affecting bullish trends.
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