Bitcoin Price Target Revealed: $150,000 Needed to Break Out

Cryptocurrency giant Bitcoin has seen a significant dip following its recent all-time high in mid-August. Recent sell-offs by long-term investors and large players like whales have added to the downward pressure. As per Glassnode data, 97,000 BTC worth over $3 billion were unloaded from these entities last Friday alone – the largest single-day divestment so far this year. David Bailey, CEO of BTC Inc., a company advising US President Donald Trump on cryptocurrency policy, has claimed that Bitcoin could reach $150,000 if two significant selling whales clear their positions. !