For the first time since 2022, Bitcoin slips into the red 📉 while Ethereum and other altcoins gain momentum.
After months of market domination, BTC is briefly out of the spotlight.
🔍 What’s happening?
Old Bitcoin whales, who have been holding coins for years, are suddenly active again.
Their selling is creating uncertainty in the market.
History shows such whale movements often signal overheated markets and can trigger corrections.
📊 Technical view:
BTC bounced from $108K and is now trading at $111,255
Strong support at the 200-Day MA ✅
Resistance levels: 50-Day SMA ($114,356) & 100-Day SMA ($115,740)
Key resistance: $123,217 — reclaiming this could spark a fresh rally 🚀
👉 For now, BTC may consolidate between $108K – $115K until a breakout decides the next move!
