Bitcoin continues to be the trailblazing cryptocurrency in the domain as of now. BTC is attracting momentum at a record pace, with its institutional demand skyrocketing at an unprecedented pace. This has triggered a hoarding competition of sorts within the market economy, with whales continuing to accelerate this momentum. Will this development help Bitcoin price regain its formerly bullish glory?

Also Read: Your Net Worth Today If You Invested $100 in Bitcoin in 2010

100 BTC Wallets Are On A Rise

Source: BitPay

A new market development is slowly shaping the Bitcoin price trajectory. This development involves fish wallets rising at a record pace. The shrimp-to-fish cohort is now on the rise, with whales continuing to show support for Bitcoin. Wallets holding 100+ BTCs have now hit a new record, with their official value sitting at 19,130.

“#Bitcoin wallets with 100+ coins just smashed a new all-time high! While small fry are dumping their stash, the big whales are stacking sats like never before. Don’t stay a minnow—time to swim with the crypto titans! 🐳 #BTC.” As stated by Elite Marketing

The whale momentum continues to exhibit strong market support. Bitcoin price tumbled last week over fragile data projections and macro developments. However, the token is projecting a strong stance, eyeing a new major breakthrough to $123000 very soon.

“In the quoted post, we projected #Bitcoin to enter yet another major bullish rally to new all-time highs based off of similarities earlier on in the cycle. Since that projection, prices of BTC rallied over 110% from ~$59,150 to $123,000+, setting new all-time highs and much more. Based on more similarities, Bitcoin could be gearing up for another rally even higher.”

The Asset’s Future Price: Technical Perspective

According to CoinCodex BTC data, Bitcoin price may score a new high of $123K latest by November 2025.

BTC STATS
Source: CoinCodex

“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 14.78% and reach $123,402 by November 30, 2025. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 46 (fear). Bitcoin recorded 14/30 (47%) green days with 2.85% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a good time to buy Bitcoin.”

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