"Boring" $BTC whale bubbles update:
- BTC has been in the "sideways" regime since the big rejection at 93k
- However, more sideways = more seller exhaustion (which is good)
- Finally, we are not seeing much accumulation at current prices from whales (which is not good)
If you are not in our telegram channel we posted about 82k-85k looking like itโs not gonna hold there
(We do more frequent real time posts there)
You can find the link in the bio
Ideal $BTC scenario:
- wick to 83-85k
- close above 88-89k
BTC Update
Super boring BTC price action so far tbh
Last post stood up pretty well tho
Lets get some volatility soon
if we do start going down 84k will be the max pain taking out lots of leverage and making spot panic too
Will definitely be buying 84k if we get there
BTC is currently at whale support.
Risk reward defined quite well for longs in this area.
If we don't hold though, BTC might wanna check out the bottom of the range at $93,447.
Last post has done pretty well.
$106.5k was indeed resistance.
$97.5k was indeed the area for the bounce.
Last tweet marked the perfect bottom of the range bottom at $89,257.
We are now at the top of the range, getting rejected by the upper most whale level -- $106,593
If we ever start retesting supports below, $97,500 area is currently the strongest and is the one to look out for.
$89,257 is key.
Risk reward very well defined.
If we do start falling lower though, we might be up for a ride since there is not much below.
$89,257 is key.
Risk reward very well defined.
If we do start falling lower though, we might be up for a ride since there is not much below.
Whichever way you celebrate the end of the year, I wish you Happy Holidays.
Letโs keep the momentum going in 2025.
Whale bubbles update.
The $98,133 level remains important according to whale accumulations.
Reclaiming this level should yield some upside for BTC
Dips are for buying in bull runs like this.
Macro Outlook $BTC
Onchain Volume Profile is showing a massive accumulation of Bitcoin at 60k-67k
And another new accumulation range forming at current prices
So for long term HODLers out there - risk reward is well defined on the macro scale - no go below 60ks anytime soon.
Macro Outlook $BTC
Onchain Volume Profile is showing a massive accumulation of Bitcoin at 60k-67k
And another new accumulation range forming at current prices
So for long term HODLers out there - risk reward is well defined on the macro scale - no go below 60ks anytime soon.
During bull runs SOPR usually reaches values upwards of 3.35 at macro tops. We are no where near that right now.
Basically - current values for SOPR = HODL.
More than 150k BTC of whale accumulations at $98,133 according to whale bubbles. Should be a support on the way down.
Everyone who subbed to the waitlist (more than 6000 people) should get a special invite link soon for the new Whalemap Telegram Mini App
Will be posting more content here now as well.
Next post - Whale Bubbles ๐














