Bitcoin Faces Potential Break Below $100K as Whale Moves Massive Funds

Bitcoin is experiencing technical weakness, with a significant drop below its key support level. A major Bitcoin whale moved a substantial amount of Bitcoin to exchanges ($588 million), triggering concerns about renewed selling pressure. The same whale has also reportedly opened a $234 million short position, currently profiting from the market decline. 🧐 This move coincides with Bitcoin breaking below its key bear flag support, with potential downside targets near $98,000-$100,000. The breakout adds fuel to market concerns about manipulation by whales. 🐋