$1.3 Billion Bitcoin Whale Strikes Again – Will BTC’s Prices Skyrocket?

Bitcoin has made headlines again with significant whale activity, as a notable Bitcoin holder, also called Whale just added 2,400 BTC, valued upwards of $200 million, to their position after divesting from their portfolio the last few months. This comes during a time when Bitcoin could be seeing a resurgence, having moved from a low of $76,900 on March 11 to a possible trading range of $81,000 to $88,000. In another unexpected move, another dormant whale, inactive for 8 years, just transferred 3,000 BTC, worth $250 million worth. Again, these high-profile moves suggest Bitcoin whales are placing not only directional bets but calculated bets on Bitcoin, contributing to the heightened action.

BlackRock Doubles Down on Bitcoin

Institutional interest in Bitcoin is also on the rise. BlackRock, the world’s largest asset management firm in the world, has steadily increased its Bitcoin exposure, purchasing an additional 4,054 BTC in the last week for a holding of 573,878 BTC worth more than $50 billion. Bitcoin ETFs also saw renewed inflows after five weeks of non-inflows, with BlackRock’s iShares Bitcoin Trust leading net inflows of $537.5 million. Fidelity’s Wise Origin Bitcoin Fund was a close second with a net inflow of $136.5 million. These institutional movements show that big players find real value in their long-term Bitcoin investments, which is positive for the entire market and instils confidence.

What’s Next for Bitcoin?

With Bitcoin whales making significant moves and institutions doubling down, Bitcoin’s rally in recent days has plenty of fuel supporting it. The unpredictability of the market is still a factor, and Bitcoin’s price action will depend largely on how this large-scale demand behaves. The fact that long-term holders are continuing to hold their investments and Bitcoin ETFs are beginning to see fresh demand is an indication that demand is there. In the technical analysis, we’ll closely look into BTC’s key support and resistance levels, momentum indicators, and overall market sentiments to see where prices might be headed next.

Price Analysis and BTC Price Prediction

With an uptrend channel, the trading session on March 24th got off to a solid start. The prices jumped to a high of $86,624 around 00:35 UTC. Soon after, a death cross appeared, matching the RSI’s oversold signal, and selling pressure began to build. Before the market recovered and resumed its upward track, this caused a temporary but sharp fall. A golden cross on the MACD at 2:30 UTC strengthened the bull run rally. By 8:00 UTC, the price of Bitcoin has moved into a new trading range, with $88,600 and $86,500 serving as the main resistance and support levels, respectively.

Chart 1, Analyzed by Alokkp0608 published on March 25, 2025.

Following the market’s bullish emotions, the prices continue to rise despite sporadic sell-side resistance. When the prices hit the critical resistance level at 14:45 UTC, a death cross appeared, matching the RSI’s overbought indication. At first, prices remained at this level, but selling pressure increased. As sellers took back control, a downturn began at 20:15 UTC with another death cross.

Now that the prices are in a downtrend channel, the sell side has finally taken control again. The prices continued to decline by the beginning of the next trading day on March 25th, with sporadic recoveries due to buy-side pressure. Before a golden cross was formed around 04:10, the prices briefly broke through the support level and started to rise again. The prices are now on a recovery path.

Bitcoin’s Future: More Gains or a Market Reversal?

While Bitcoin’s most recent whale activity and institutional accumulation currently display some bullish indicators, the market is still uncertain. A $1.3 billion whale made some strategic purchases, and BlackRock has steadily improved its Bitcoin position, which also supports a longer-term bullish sentiment for BTC. But BTC remains in choppy price action between support and resistance levels, indicating that both the bulls and bears are active in shaping the market participants’ sentiment about BTC.

As for price analysis, if the buy-side momentum continues, BTC could ultimately break through its significant resistance levels and continue to trend up. Conversely, a strong push from the sell side may lead to further corrections. With institution interest at record levels and Bitcoin whales executing savvy plays, Bitcoin price actions continue to remain an area of focus in the next weeks. The BTC price prediction indicates that traders should monitor confirmation from signals like MACD and RSI to ascertain the subsequent course of action.