Bitcoin Whale Trade Update: Analyst States His BTC Cycle Top Targets

Bitcoin’s price action has reached a critical turning point. After dipping below $82,300, concerns of a deeper decline emerged. However, whales—large BTC holders—have stepped in, signaling a coordinated effort to support the price. The question now is whether their influence will be enough to prevent a downturn and push Bitcoin toward new highs.

Market analyst Egrag Crypto remains optimistic, maintaining his BTC cycle top targets despite the volatility. His projections, based on historical trends and Fibonacci extensions, suggest Bitcoin still has significant upside potential.

Whale Movements: A Battle for Support

Whales play a crucial role in Bitcoin’s price stability. When Bitcoin faced heavy selling pressure, on-chain data revealed a surge in whale accumulation, hinting at an effort to prevent a larger correction.

The key level to watch is $93,500–$95,500 on a three-day closing basis. If Bitcoin manages to hold above this zone, it could maintain its bullish structure. However, a failure to do so increases the risk of a sharp drop toward $72,000–$73,000, where whales may look to accumulate once again before the next major rally.

Analyst’s BTC Cycle Top Targets

Egrag Crypto has not changed his Bitcoin cycle top projections, which remain:

• Minimum target: $130,000
• Maximum target: $175,000 (Fib 1.618 level)

These targets are based on Bitcoin’s historical price cycles, where similar consolidation phases preceded massive rallies. If Bitcoin follows past patterns, a run toward $175,000 is still in play.

Key Factors Driving Bitcoin’s Future Growth

Beyond technical patterns, several macroeconomic and fundamental factors could fuel Bitcoin’s next leg up:

Bitcoin Halving – The upcoming halving event will reduce the rate of new BTC entering the market, historically acting as a major bullish catalyst.

Institutional Investment – ETFs and financial institutions are rapidly accumulating Bitcoin, increasing demand at an unprecedented scale.

Regulatory and Political Developments – With Donald Trump’s potential return to office, crypto-friendly policies could drive Bitcoin’s price even higher. Some analysts believe this could push BTC beyond $120,000–$150,000 by 2025.

Market analysts, including Martin Leinweber from MarketVector Indexes, suggest that Bitcoin could reach $150,000 in this cycle based on historical election-year patterns. More aggressive forecasts indicate that, under the right conditions, BTC could even exceed $250,000–$400,000 before the next bear market.

Whales Hold the Key to BTC’s Cycle Top

Bitcoin’s short-term future depends heavily on whale activity and price stability. If whales continue to defend key support levels, Bitcoin could stay on track to reach Egrag Crypto’s $130,000–$175,000 cycle targets.

However, if Bitcoin fails to hold above $93,500–$95,500, a retest of $72,000–$73,000 is likely. Whales may use this dip to increase their holdings, setting the stage for another push higher.

For now, all eyes remain on whale movements, Bitcoin’s key support zones, and overall market sentiment as this critical phase of the BTC bull cycle unfolds.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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