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.
* The information provided is not an individual investment recommendation