Large holders, or whales, purchased over 56,000 BTC during a sideways market phase, indicating a local bottom. Conversely, smaller holders are selling assets in anticipation of a fleeting price increase.
In early January, Bitcoin ETF inflows surged to roughly 58 billion USD, highlighting stronger institutional interest in BTC. Resistance levels are identified between 98,000 USD and 105,000 USD with support around 80,000 USD to 82,000 USD.
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