Whales are actively buying BTC: According to data from Caueconomy, whale wallets accumulated 16,000 BTC during the week, pushing the price of BTC above 95,000 USD. This participation is a key factor in the price recovery.
Need more retail investor participation: Retail trader participation remains neutral. To push BTC above 100,000 USD, additional involvement from other investors is needed.
Current BTC price and resistance: Currently, BTC price is at 95,672 USD with solid support around 92,777 to 95,634 USD. A daily candle close above 96,400 USD is needed for further movement.
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