Whales Buy $8.5 Billion in Bitcoin—Can Their Firepower Push Price to $110,000?

Bitcoin’s price is currently trading at $102,635, struggling to break past the $105,000 resistance level. Although it failed to breach this crucial threshold earlier this week, the cryptocurrency king is far from defeated. Whales, the large investors in the Bitcoin market, may offer a critical boost, countering bearish pressure and possibly driving Bitcoin toward new highs. Bitcoin’s Market Top or A Temporary Setback? Bitcoin is showing signs of fulfilling the conditions needed to form a market top source: https://beincrypto.com/can-bitcoin-whales-push-price-up/