Recent data indicates that Bitcoin is showing signs of renewed momentum as large investors significantly increase their purchases. This statement is based on on-chain data analysis indicating whale activity over the past 48 hours.
Increase in Bitcoin Purchases by Large Investors
In the past 48 hours, large investors known as 'whales' have purchased more than 30,000 BTC, signaling rising confidence in the market despite short-term volatility.
Short-term Forecast for Bitcoin
According to data shared by crypto analyst Ali Martinez, Bitcoin's short-term outlook remains optimistic as long as the price holds above the $105,450 support level. Analysts expect prices to potentially reach $125,230 and even $141,770 if current momentum continues.
Market and Investor Sentiment
The recent surge in buying from whale addresses coincided with a stabilization in Bitcoin's prices, typically indicating a return of interest from institutional or high-net-worth investors. These accumulation patterns may act as a springboard for Bitcoin's next price increase in Q3 2025.
Thus, the heightened activity of whales and positive expert forecasts could drive Bitcoin's growth in the coming months. The cryptocurrency market remains in anticipation of Bitcoin's next movements.