Bitcoin whales, large holders of the cryptocurrency, are selling significant volumes as BTC reaches $100,000. This selling pressure raises concerns about BTC's ability to maintain this threshold and could delay predictions of reaching $125,000. The netflow of these large holders has shifted from a positive 28,570 BTC to a negative 3,960 BTC, indicating increased selling pressure. Additionally, the decrease in Bitcoin exchange outflow suggests a decline in HODLing, which could negatively impact the price. The MACD on the BTC/USD chart has dropped to the negative region, indicating a potential decline in price. If bearish conditions persist, BTC could drop to $91,918 or even $80,437. However, if buying pressure increases, BTC could rally towards $108,000.



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