Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

BTC News: Bitcoin Rebounds Above $74,000 Low as Whale Activity Surges – What Next For BTC?

9d ago
bullish:

0

bearish:

0

Share

According to on-chain analysis, after dropping to $74,000, Bitcoin saw an extensive price recovery as Bitcoin whale operators showed increased transaction activity. These big investors created substantial market price rebounds that caused experts to wonder about Bitcoin’s upcoming market path. 

Bitcoin’s Rebound from $74,000 Low: What Fueled the Recovery?

Recently Bitcoin price reached a worrisome $74,000 threshold which caused fear among investors before its price recovery started. After this brief decline, Bitcoin managed to bounce back to $81,000. The rapid price recovery of Bitcoin is attributed to growing Bitcoin whale participation levels in market activities.

According to X analyst Ali Martinez, Bitcoin’s price recovery has been linked to rising whale transactions. Sentiment delivers Whale Transaction Count, a metric that detects Bitcoin transfers worth over $1M. The metric demonstrated increased movement of Bitcoin by whales, which contributed to the market recovery. An increase in whale activity shows that whales are directing greater interest toward an asset, prompting increased price momentum.

Image 1- provided by Ali Martinez, published on X on April 9, 2025

The Whale Transaction Count reached 1,715 on Monday when Bitcoin experienced its price decline. Substantial whale involvement helped trigger the price increase, as rich investors presumably bought more Bitcoin during the downward movement. The cryptocurrency experienced a recovery increase after whales triggered the first boom in their buying activities, even though current activity levels were lower.

The Role of Whale Transactions in the Bitcoin Price Movement

Whale transactions can often depict correct data about Bitcoin price trends. Large investors trigger Whale Transaction Counts to increase by holding or selling transactions with Bitcoin assets. Bitcoin’s rebound price movement occurred as whales purchased it during its lower price stages.

The current state of whale accumulation remains unclear since it is unknown whether these whales will continue buying Bitcoin’s price or have already reached their storage limit. Since Whale Transaction Count values have decreased, we cannot predict if Bitcoin will maintain this upward trend or encounter an upcoming price correction.

The Bearish Omen: Dormant Bitcoin Moves

The market contains a bearish indicator alongside positive whale movements. A substantial amount of Bitcoin, which had been static for more than 10 years, was activated when 365 BTC was transferred. Although the transaction volume represents a minimal value in the complete market scheme, it has gained notable significance.

Image 2- provided by Maartun, published on X on April 7, 2025

Year-long Bitcoin dormant status ends when someone moves these assets because it indicates that diamond hand investors who hold for the long term are potentially beginning to sell. The ongoing movement of decades-old Bitcoin signifies that the most dedicated Bitcoin holders have lost confidence in current market directions, which hints at additional market declines. 

What Next for Bitcoin Price?

The Bitcoin market experienced a minimal comeback from its $74,000 low point, but ongoing price growth remains uncertain. Bitcoin’s fortune depends on whale behavior in its current accumulation trends and investment direction choices. The movement of dormant Bitcoin poses risks for investors because it indicates that some lengthy investors are taking profits from their holdings or reducing their positions.

Bitcoin shows elevated market volatility at this time, requiring investors to monitor both changes in whale investment patterns and general market trend shifts. Whales’ rise in Bitcoin prices demonstrates a possibility for a price surge. The market may decline if the current trend of Bitcoin being stored in long-term inactivity spreads among investors.

The Bitcoin price direction depends on whale behavior patterns and how the market reacts. Investors need to monitor whale market activities alongside any modifications to long-term Bitcoin holdings since these events will indicate Bitcoin’s ability to maintain its current price recovery.

The post BTC News: Bitcoin Rebounds Above $74,000 Low as Whale Activity Surges – What Next For BTC? appeared first on Coinfomania.

9d ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.