🐋 Bitcoin Losing Whale Support… But History Says That’s Not the End
Bitcoin is trading near $89,700, down ~2% this week.
Whales are selling — on-chain data shows $BTC whale addresses (1,000–10,000 BTC) at monthly lows.
⚠️ Normally bearish… but this time is different.
📊 Seller Exhaustion Signal is flashing again — a zone that historically appears near local bottoms.
Last time this happened, BTC rallied 33% in 6 weeks.
🔑 Key Levels:
Support: $89,250 (must hold)
Bull trigger: $91,320
Next target: $94,660
Risk below: $87,570 → $85,900
📌 Whales may be rotating into ETH, but BTC’s downside pressure is shrinking.
Market looks weak — structure says “be patient.”
#bitcoin #CPIWatch #WriteToEarnUpgrade #BTCVSGOLD #MarketUpdate

BTCUSDT
Perp
86,847.2
+0.82%