Is Bitcoin’s Bull Run Already Under Threat ?
Bitcoin is showing signs of exhaustion in its uptrend. The mass selling by whales and late entry of retail investors are ominous indicators for potential turbulence ahead.
Bitcoin is showing signs of exhaustion in its uptrend. The mass selling by whales and late entry of retail investors are ominous indicators for potential turbulence ahead.
Since July 14, Bitcoin has been oscillating between a resistance at $123,000 and a support at $117,600, reflecting uncertainty about its trajectory. This stagnation could signal the end of the bullish cycle.
According to analysts, whales have transferred between $4 and $5 billion in bitcoin to Binance since late July, a classic sign of a distribution phase. This operation suggests that large holders are preparing to sell, potentially weakening the bullish momentum and increasing downward pressure.

Meanwhile, investments from retail investors have increased significantly, despite BTC’s weakness. Usually a positive sign, this influx concerns Arab Chain. A phase of late buying can cause losses in case of a correction. The market shows whales selling to enthusiastic retail investors. This suggests a possible exhaustion of the bull run.
Continued massive selling could break the support at $117,600, risking a fall toward $113,000. Conversely, renewed buying would allow BTC to break through the resistance and target $126,300. However, the current trend leans more toward a weakening of the bullish movement.
The massive transfer from whales to platforms and the late arrival of small investors indicate that the Bitcoin bull cycle may be losing steam. Investors should remain vigilant for a potential rapid reversal in the coming weeks.

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