Crypto whales buy Bitcoin for $100 billion - correction before the end?

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The recent geopolitical tensions in the Middle East have not spared the crypto markets either. After the US bombed several Iranian nuclear facilities over the weekend, the Bitcoin price briefly fell to $98,240. However, the important psychological support zone at $100,000 appears to be proving its strength again. Following the sell-off, a strong reversal formed yesterday, which continues today – supported by significant buying by crypto whales.

A Bitcoin price of $100,000 is viewed by many analysts, investors, and apparently also crypto whales as an excellent buying opportunity. This psychologically important level forms a significant support zone where large investors become active again to drive the price higher.

An analysis by Vivek, a well-known crypto analyst and Bitcoin Magazine reporter, demonstrates the extent of this development: Crypto whales have invested over $100 billion in Bitcoin during the correction of the past few weeks. Among the major buyers is likely BlackRock, whose iShares Bitcoin Trust ($IBIT), the largest Bitcoin spot ETF, has again recorded billions in inflows in recent weeks.

The extensive purchases by large investors are interpreted as a clear signal that the Bitcoin correction may be coming to an end. For the price trend, this means that the bull market will unleash its full potential in the coming weeks, and Bitcoin could potentially rise to as much as $150,000.

This development would also be of great importance for new projects like the BTC Bull Token ($BTCBULL), which, according to analysts, could be on the verge of a potential price explosion. The token's close link to Bitcoin's price development, combined with mechanisms such as token burns and Bitcoin airdrops at certain price thresholds, makes it particularly attractive to many investors.

The ICO of the official Bitcoin meme coin, BTC Bull Token ($BTCBULL), is nearing completion and will end in a few days. Investor demand is already enormous – more than $7.31 million has been raised by over 13,000 investors, who form a strong community on X and Telegram.

The BTC Bull Token offers special incentives thanks to its innovative structure: At a Bitcoin price of $125,000, tokens will be burned to reduce supply, while at $150,000, the first Bitcoin airdrops will be made to token holders. At every subsequent $25,000 mark, token burns and Bitcoin airdrops will alternate. Analysts predict a potential price increase of 5-10x after the exchange listing, making the limited window for entry at presale conditions particularly valuable.

Go directly to the BTC Bull Token website!

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