Whales Accumulate Bitcoin: Forecast of a Rise to $90,000–$92,000
From March to April, the number of addresses holding over 1,000 BTC increased by 60, reaching 2,107 wallets. Meanwhile, small holders (fewer than 10 coins) are reducing their balances, indicating that the asset is consolidating in the hands of major investors.
Pressure on the Dollar and Demand for Safe‑Haven Assets
Statements by Donald Trump about possibly replacing the Fed Chair have weakened the US dollar. The inverse correlation between USD strength and Bitcoin price makes the cryptocurrency an attractive “safe haven” for investors worried about fiat devaluation.
Technical Signals
On the BTC/USD chart, Bitcoin is approaching the $90,000 mark again. Cost‑based cluster analysis shows a small supply overhang just below this level, creating conditions for a swift rally into most holders’ breakeven zone.
Record Realized Market Cap
Bitcoin’s realized market capitalization has hit a historic high, reflecting growing confidence in both the network and the asset itself—and suggesting that the market cycle may not yet have peaked.
Key Levels and Forecast
The daily chart has broken above the 30‑day exponential moving average, a classic bullish signal. Analysts forecast a move into the $90,000–92,000 range, but a drop below $85,000 by day’s end could invalidate the current upward momentum.
News
Bitcoin Enters Price Discovery as Whale Trades and Macro Signals Roar
Bitcoin hits new all-time highs eyeing $116K–$148K levels, a 40× whale long nets $40M, Fed’s $50B self-buy sparks hyperinflation warnings, and analysts see BTC at $120K+ soon.
Whale Opens $830 M 40× BTC Long; Hayes & Novogratz Issue Bold Crypto Forecasts; Key Legislative and Tech Updates
A BTC whale takes a $830 M 40× long, Bitcoin logs six consecutive green weeks, the GENIUS Act advances in the Senate, and Arthur Hayes predicts ETH at $10K–$15K as Solana’s Alpenglow upgrade nears.
GENIUS Act Advances in Senate as Crypto Markets Rally on Regulatory Clarity and Network Milestones
The GENIUS Act moves to full Senate debate ahead of Memorial Day, while Bitcoin and altcoins benefit from reduced exchange reserves, protocol upgrades, and bullish forecasts from industry leaders.
Bitcoin Closes at $106,500, Dollar Falls After Moody’s Downgrade, and Hayes & Novogratz Forecast Crypto’s Next Moves
Bitcoin hit a record weekly close of $106,500; the dollar slid to 100.85 after Moody’s downgrade; Arthur Hayes forecasts a summer altseason and $250K BTC, Michael Novogratz sees a $22 trillion crypto market.
Key Crypto and Market Updates: Arrests, Network Milestones, and DeFi Developments
Ex-Binance exec arrested for $15M fraud; Avalanche hits 1.95M active addresses; over 1M ETH withdrawn from exchanges; Fusaka devnet on May 26; MetaMask adds Solana; consumer sentiment at 43-year low.
