Bitcoin is experiencing selling pressure as it nears the $95,000 level, where short-term traders have begun to take profits. Recent US GDP figures indicating a -0.3% contraction in Q1 2025, paired with a rising GDP Price Index of 3.7%, have fueled recession worries. Over the last three days, Bitcoin's spot volume dropped by over $300 million, showing aggressive selling behavior particularly from smaller holders. Despite this, BTC whales (holders with over 10,000 BTC) are still accumulating, highlighting a divergence between large and small investors. Current market conditions suggest that while short-term challenges exist, the long-term potential for Bitcoin remains intact as investors navigate inflation fears and economic uncertainty. Overall, the market stands at a crucial point where profit-taking is evident amidst whale accumulation.

Source 🔗