Based on recent reports, some large Bitcoin investors, often referred to as "whales," are accumulating the cryptocurrency, signaling a strong belief that a significant price rally is on the horizon. This accumulation is happening even as some institutional investors have shown signs of a pullback.

Some analysts are citing on-chain data that shows whales have recently added billions of dollars worth of Bitcoin to their holdings. This behavior is often seen as a bullish indicator, as it suggests that those with the deepest pockets are confident in Bitcoin's future price action.

While a price target of $190,000 is on the higher end, it's not unprecedented to see such bullish predictions from market experts. For example, some analysts have set year-end targets of $150,000 to $250,000, citing factors such as institutional adoption, the effects of the recent halving event, and a tightening of supply.#BTCUSD #BTCUSDT #BTCUSDC