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Whale Buys $128 Million Bitcoin Amid Trendline Breakout

Summary by The Market Periodical
Key Insights: A whale bought $128 million worth of Bitcoin, signaling bullish sentiment. Bitcoin’s trendline breakout suggests a potential price rise of 12% to 13%. Market sentiment turns positive as Bitcoin holds above key resistance. A whale recently bought $128 million worth of Bitcoin, signaling increasing accumulation at a time when technical momentum is shifting bullish. The move coincided with Bitcoin breaking out of a key descending tre…
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The Market Periodical broke the news in on Wednesday, April 16, 2025.
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