Bitcoin has been struggling to break above the $70,000 mark, which has hindered its bullish momentum. However, there are signs that larger holders, or whales, are accumulating BTC while retail traders are offloading their holdings. This accumulation by whales is seen as a bullish indicator and reflects confidence in the asset's future potential. Furthermore, Bitcoin has seen a surge in capital inflows, pushing its Realized Cap to a new all-time high. This growing liquidity base supports BTC's price increase and reduces volatility. If Bitcoin can secure support above $68,248, it may be able to move towards the next resistance at $71,367. However, if it falls below its uptrend line and drops below $65,292, the bullish thesis would be invalidated and further uncertainty around its price direction may arise.



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