{"id":27677,"date":"2025-05-20T13:03:30","date_gmt":"2025-05-20T13:03:30","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27677"},"modified":"2025-05-20T13:03:30","modified_gmt":"2025-05-20T13:03:30","slug":"5-bullish-and-2-bearish-indicators-for-bitcoin-as-btc-price-approaches-ath-levels","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27677","title":{"rendered":"5 Bullish and 2 Bearish Indicators for Bitcoin as BTC Price Approaches ATH Levels"},"content":{"rendered":"
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Just a month and a half ago, this article would have made no sense when BTC\u2019s price tumbled below $75,000 and the main speculations within the community turned on whether the bull run had abruptly ended.<\/p>\n

Yesterday, bitcoin\u2019s price stood at $30,000 higher, and it came just 2% away from breaking its all-time high from January. It sits slightly lower now, but there\u2019s something in the air that suggests a new peak is coming. Let\u2019s see what on-chain data and some technical indicators will say about that.<\/p>\n

The Bull Case<\/h2>\n

We begin with large accumulations. After all, prices tend to rise if there\u2019s more buying momentum, right? Lookonchain listed a number of whales that have gone on an accumulation spree in the past few days, purchasing in total over $250 million worth of BTC.<\/p>\n

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Many whales are accumulating $BTC<\/a>!<\/p>\n

bc1qcp withdrew another 1,350 $BTC<\/a>($141.91M) from #Binance<\/a> 8 hours ago and currently holds 20,723 $BTC<\/a>($2.19B).<\/p>\n

bc1qpu (linked to Abraxas Capital) withdrew 675 $BTC<\/a>($71.03M) from #Kraken<\/a> 7 hours ago and currently holds 1,797 $BTC<\/a>($190.11M).<\/p>\n

A\u2026 pic.twitter.com\/Jccvs4xhvK<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) May 20, 2025<\/a><\/p>\n<\/blockquote>\n