Bitcoin News: New Bitcoin ATH Coming? Massive Whale Bets on BTC

Bitcoin is back in the spotlight as fresh bullish momentum grips the crypto market. With Bitcoin USD currently trading at $103,856, traders and investors are wondering—is Bitcoin about to break its all-time high (ATH)?

Fueling this speculation is a massive whale move that just shook the market. Let’s dive into the latest Bitcoin news, analyze the BTC charts, and explore why a major rally could be just around the corner.

Whale Activity: $390 Million Long Position Signals Confidence in Bitcoin USD

In a major development, crypto influencer Ash Crypto reported that a whale has ramped up their BTC long position to $390 million using 40x leverage. That’s a bold bet suggesting insider confidence in an imminent BTC price surge. Historically, such whale activity has often preceded sharp moves toward a new Bitcoin ATH.

Bitcoin Technical Analysis: BTC Gearing Up for a Breakout

• Current Bitcoin USD Price: $103,856
• Immediate Resistance: $105,700 – a breakout above this level could trigger a rapid move toward $110,000.
• Strong Support: $100,000 – Bitcoin recently bounced off this key level, confirming it as a critical floor.
• RSI (Weekly): 64.32 – still below the overbought zone, indicating room for further upside.

The 50-week SMA at $79,979 reinforces Bitcoin’s strong long-term bullish trend. With BTC comfortably trading above major moving averages, the technical outlook remains highly positive.

Key BTC Price Levels to Watch

The first resistance lies between $105,700 and $110,000. If Bitcoin manages to clear this zone, the rally could extend towards the $115,000 range and even push toward a new Bitcoin ATH.

On the support side, the key levels to monitor are $100,000 as the primary support, followed by $86,939 as a secondary support level. A strong bounce from these zones would further validate bullish sentiment.

Current Whale Positions: What the Big Players Are Doing

The latest data shows that the whale holding a $390 million BTC position is already sitting on an unrealized profit of over $283,000. This massive position is backed by 40x leverage, a clear sign that big players are betting heavily on Bitcoin’s breakout.

Other major positions in the market include over $41 million in kPEPE longs, already generating more than $15 million in profit, and a significant position in XRP, although that one is currently at a loss.

This aggressive whale behavior suggests that smart money is preparing for a major move—likely aiming for Bitcoin to reclaim its all-time high or even surpass it.

Bitcoin Price Prediction: Will Bitcoin Hit a New ATH Soon?

With whales making aggressive moves and Bitcoin USD hovering just below major breakout levels, all eyes are now on BTC. If momentum continues, Bitcoin could be on the verge of reaching a new all-time high (ATH).

Want to join the action before the next pump? Buy Bitcoin easily and securely on Bitget – Sign Up Here and Be Ready for the Rally! 🚀