Bitcoin Whales Accumulate 131K BTC! Bullish Signal for $100K?

5 months ago 19

March 14, 2025 by Bena Ilyas

Bitcoin whales seem to signal strong investor confidence amid market volatility due to them accumulating around 131K BTC.

BTC surged $16,625 to $80K which indeed is a whopping 390% increase. But it does entail the risk of falling to a staggering $ 46K if certain key supports break.

U.S. Spot Bitcoin ETFs hint at having net inflows of $13.3M which hints at renewed institutional interest in BTC as a long-term investment.

Bitcoin’s multi-year bull run faces uncertainty as an analyst warns of a “potential trend shift.” A critical support level may determine Bitcoin’s next move, with a breakdown signaling weakness and a hold sustaining bullish momentum. Traders are closely monitoring this zone as market sentiment hangs in the balance.

Bitcoin rebounded slightly after the U.S. CPI report showed inflation at 2.8%, below the expected 2.9%. The lower inflation data fueled investor optimism, after reaching the BTC price of $83,282 on March 13 then a decrease of 1.47% to $81,928 during early European trading on March 14.

Bitcoin Downside Risk Toward $46K

Renowned crypto analyst Ali Martinez highlighted that traders to monitor the $74,000 level closely, citing a possible market shift. Sharing a weekly Bitcoin-Tether chart, he stressed that losing this crucial support could signal the first trend change since January 2023, potentially altering Bitcoin’s bullish trajectory.

Since the beginning of 2023, BTC has experienced a remarkable increase of approximately 390%, rising from $16,625.08 to over $80,000 at its peak. The possibility of a downturn still exists if crucial support levels are breached. Martinez is warning that if the 50-week Moving Average (MA) at $75,500 is breached, it could mark a drop in BTC towards the roaring 200-week MA of roughly $46,000.

U.S. spot Bitcoin ETFs ended a two-week losing streak on Wednesday with a net inflow of $13.3 million. While BlackRock’s IBIT experienced $47 million in outflows, ARKB offset this with $82.6 million worth of inflows, signaling a possible renewed interest from institutions that will further provide push for the next BTC rally.

Bitcoin Battles to Hold $80K Support

Bitcoin maintains its key support levels, it could be on track for a bullish move upwards towards $109,000. Moreover, long-term holders have accumulated 131,000 BTC in the past month, reflecting strong confidence among investors despite recent volatility.

In the last four days, Bitcoin’s market has seen a withdrawal of 36,000 BTC from exchanges. This is typically a bullish sign because it indicates strong holding sentiment. However, there are powerful macroeconomic conditions and regulatory changes that continue to affect price movements.

Price movements for BTC have been volatile as it reacts to major economic activity. The enthusiasm that came from Donald Trump’s Strategic BTC Reserve announcement was met with investor discontent due to it being reliant on seized assets. Moreover, the memecoin SEC investigation has also minimized fraud and changed the market sentiment.

Since reaching a peak over $80,000 in January 2025, BTC has been extremely volatile and continues to experience significant lows. Regardless, there are bullish catalysts present, however, to sustain long-term growth, maintaining support levels is critical in avoiding a downturn.

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