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Crypto & Bitcoin

Bitcoin Eyes $89,000 as Whales Add 16,010 BTC During the Dip

Reported by Samuel, Live Bitcoin News

Image: Live Bitcoin News

Bitcoin whales added 16,010 BTC during the dip. Can BTC reclaim $84,569 and rally toward $89,000 as traders watch key support? Bitcoin whales accumulated 16,010 BTC over five days as the price fell from $87,000 toward $80,000. Their combined holdings increased from 5,247,316 BTC to 5,263,326 BTC, marking a 0.305% rise. The buying came as Bitcoin struggled to maintain its price momentum. According to market analyst Ali Charts, Bitcoin must reclaim $84,569 to strengthen the case for a recovery. If that level breaks, the analyst identifies $89,000 and $94,000 as potential upside targets.

This is an excerpt. The reporting belongs to Live Bitcoin News.

Read the full report on livebitcoinnews.com

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