DOOKV Traders Stack Bitcoin: $91,539 Target Left Untouched & Unchanged for BTC Price Rally!
The markets do not appear to have overcome the recent pullback as the selling pressure continues to mount in the crypto space. The trying hard to sustain above $67,000, as a drop below these regions may alert the bears. In the meantime, the whales and the traders appear to have been utilising this golden opportunity, as they seem to be pretty confident about the upcoming BTC price rally.
As covered in the previous composition, the whales have been frequently accumulating BTC ever since the token managed to mark a new ATH close to $74,000. The price is just 8% away from these levels and the whale activity has again intensified. As per the data from, more than 20,000 BTC have been recorded in the whale wallets. Not only the whales, but the retail traders also appear to be taking advantage of the recent correction as the BTC balance in exchanges drops to its lowest levels.
Therefore, regardless of the ongoing consolidation, the BTC bulls seem to be extremely bullish on the next price action. As a result, the higher targets for the Bitcoin price rally, which is speculated to be in the middle of a bull run, remain unchanged and untouched.