Source: Checkonchain<\/figcaption><\/figure>\n<\/div>\n\n\nIn fact, retail investors sold over 300,000 BTC<\/strong> a few months ago, a record selling level for small holders.<\/p>\n\n\n\nHowever, behind the scenes, financial giants are orchestrating a massive<\/strong> move. BlackRock’s IBIT fund is recording staggering daily trading volumes, fluctuating between $16 billion and $18 billion<\/strong>. These colossal figures now rival Binance’s spot volumes and crush those of Coinbase. This dynamic confirms aggressive institutional accumulation, establishing a solid bottom and a slow, steady consolidation phase.<\/p>\n\n\n\nIs Bitcoin’s key support in danger?<\/h2>\n\n\n\n From a technical analysis<\/strong> perspective, the $65,000<\/strong> level acts as a major psychological and technical support<\/strong>. The fear of a deeper correction<\/strong> remains palpable among retail traders, who dread a breakdown below this floor. If this support were to give way, BTC could drop toward the lower liquidity zone located between $63,300 and $64,000.<\/p>\n\n\n\n <\/figure>\n\n\n\nFor now, Bitcoin is still below its POC at $68,500<\/strong> and notably displays two bearish order blocks on the 12H chart. This is a bearish signal that could very well push Bitcoin down to $65,000 or below in the coming days. We will then need to observe Bitcoin’s reaction between $63,000 and $65,000<\/strong>. Only reclaiming $69,000<\/strong> could confirm a short-term bullish move toward $72,000<\/strong>.<\/p>\n\n\n\nA breakout<\/strong> above this resistance would invalidate the bearish<\/strong> scenario and confirm the return of buyer strength in the short term. Whales have clearly understood this: they have accumulated over 10,000 BTC over the past 72 hours, reinforcing the idea that the current bottom is solidly defended by smart money amidst macroeconomic uncertainties.<\/p>\n\n\n\nIs now the right time to buy Bitcoin?<\/h2>\n\n\n\n The contrast between retail investor panic and the voracious appetite of institutions is the classic breeding ground for major market reversals. If the $65,000 support holds strong, this silent accumulation phase could be the catalyst for a spectacular rally<\/strong>. The market seems ripe for a supply shock, driven by the constant and massive inflows from spot ETFs.<\/p>\n\n\n\n\n