đ Whales Dump $4B BTC â Whatâs Next for Bitcoin?
Reclaim 97K or Slide to 90K?
Recent whale selling triggered a healthy pullback, not a full trend breakdown. On the higher timeframes (HTF), Bitcoinâs structure remains bullish, but short-term momentum is clearly cooling.
đ Key Technical Levels to Watch
⢠Resistance: 97Kâ98K
â A clean reclaim here signals bullish continuation
⢠Support: 93Kâ94K
⢠Major Support: 90Kâ91K
â This zone is critical for bulls to defend
đ Bull Case Scenario
As long as BTC holds above 93K and successfully reclaims 97K, the path toward 100K+ remains open. This would confirm strength and trend continuation.
đ Bear Case Scenario
A loss of 93K increases the probability of a 90K test. A breakdown below that level could trigger a deeper corrective move.$BTC
