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Bitcoin eyes $90K as whales absorb 20x daily BTC supply in 30 days

Bitcoin eyes $90K as whales absorb 20x daily BTC supply in 30 days

Bitcoin price has entered the breakout stage of a classic bullish reversal pattern and is now eyeing a run toward $90,000.

Bitcoin (BTC) appears on track to hit $90,000 in the coming weeks as whales accumulated about 20 times the cryptocurrency’s daily new supply in the past weeks.

Key takeaways:

Whales bought roughly 270,000 BTC in the past 30 days.

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Source: Cointelegraph →