The cryptocurrency market experienced a notable downturn recently, with prominent cryptocurrencies like Bitcoin and Ethereum declining in value. Over the past 24 hours, the overall market has seen a dip of about 3.3%, marking a shift from the recent period of profit-taking. While Bitcoin’s price retreated after hitting impressive highs, other major altcoins like Ether and Cardano also witnessed downward trends. However, despite these fluctuations, positive indicators suggest traders are adapting strategically. This article delves into technical analysis of Bitcoin, exploring market movements and potential trends, with a special emphasis on the impact of whales on altcoin markets.