Bitcoin Whales Accumulate Amidst Struggles, Hints at Potential Market Rebound

Bitcoin is facing headwinds as its price continues to decline amidst a period of increased technical uncertainty. Recent data reveals a notable increase in whale activity, with over 102,900 transactions exceeding $100,000 and 29,000 transactions surpassing $1 million having been recorded within the past week. This surge in activity has sparked discussions about a potential market reversal despite Bitcoin’s ongoing downtrend.