Bitcoin Rebounds Towards $90K Target as Whales Accumulate

Bitcoin’s recent rebound has brought it back into focus after a week of price fluctuations. Currently hovering at $84K, the cryptocurrency shows signs of strength despite technical uncertainty. Analysts suggest that whales are accumulating Bitcoin, potentially leading to a bullish trend in the coming days. 37,000 Bitcoins were withdrawn from exchanges within the last 24 hours – a strong indicator of accumulation according to crypto analyst Ali Martinez on X (formerly Twitter). This coincides with Binance experiencing increased buying pressure for Bitcoin, as highlighted by analyst Michael Saylor’s recent remarks also on X.