Bitcoin Whale Move Sparks Hopes for BTC 100K Rally

December 5, 2025 Amelia Rhodes 0 Comments

Bitcoin Whale activity has captured the market’s attention after a dormant wallet suddenly withdrew $15.79 million in BTC, adding fuel to discussions about whether Bitcoin may finally be preparing for a breakout. As prices begin to rebound alongside broader market sentiment, the timing of this whale action has intensified speculation around a potential shift in Bitcoin’s long-standing bearish structure.

Bitcoin Whale analysis showing one-month BTC price chart with recent consolidation and rebound trends.

Bitcoin’s one-month price chart reflects the broader market hesitation highlighted throughout recent analysis. Despite brief surges in momentum, BTC has mostly traded within a tight range, showing several failed attempts to break above its descending trendline. This consolidation phase aligns with declining trading volume and reduced Open Interest, reinforcing the idea that traders are waiting for a clearer directional breakout. Still, the chart also reveals steady recovery attempts, suggesting that renewed accumulation, including recent Bitcoin Whale activity, may be helping stabilize price action as BTC prepares for its next decisive move.

Bitcoin Whale activity amid a market rebound

The crypto market has shown early signs of recovery, and this improvement has coincided with the reappearance of a whale wallet that had been inactive for about a year. The wallet resurfaced with a significant withdrawal of 171 BTC, stirring debate about whether accumulation is underway. Withdrawals from exchanges are commonly interpreted as bullish signals because they reduce available supply and often indicate investor confidence in long-term appreciation.

This movement comes at a moment when Bitcoin has posted a notable rebound of over 8 percent across the past two trading sessions. While this increase does not guarantee a trend reversal, it marks a shift from recent stagnation and aligns with the timing of the whale withdrawal.

Is Bitcoin’s downtrend nearing its end?

Despite recent gains, Bitcoin continues to follow a lower-high and lower-low pricing structure, which remains a hallmark of a bearish trend. The latest upward push has brought BTC back toward the lower-high region of this pattern. For Bitcoin to escape its broader downtrend, it must break above the descending formation that has contained the price for months.

A breakout above this resistance would not only end the prevailing bearish phase but could also set the stage for a more sustainable recovery. While the recent strength is encouraging, analysts caution that Bitcoin is still positioned within its previously defined downtrend until a clear structural shift occurs.

Bitcoin Whale accumulation reinforces buying sentiment

The whale activity was highlighted by the blockchain analytics account Onchain Lens, which reported the movement on social media. The wallet address known as 34qy7UD withdrew its large BTC sum from Binance after sitting dormant for a full year. Such moves are closely monitored because they reflect the intentions of high-value investors who often accumulate during periods of uncertainty.

Whale withdrawals typically strengthen market confidence, as they imply longer-term holding strategies rather than short-term trading. In this case, the withdrawal aligned with the market’s positive shift, potentially adding additional buying pressure at a key moment.

Sideways movement persists despite whale influence

Even with the whale’s reactivation, Bitcoin’s price has moved mostly sideways. At the time referenced, BTC traded at approximately 93,050 dollars, with only a modest increase for the day. Although market sentiment has improved, participation has declined notably.

Trading Volume dropped by 21 percent, falling to roughly 70.16 billion dollars. This decline reflects lower engagement from traders, particularly those waiting for clearer confirmation of a breakout or continuation of the current trend. Open Interest mirrored this lethargic behavior, decreasing slightly by 0.70 percent to settle near 60.19 billion dollars. These figures suggest that many market participants remain cautious and are avoiding heavy leverage amid uncertain direction.

Bitcoin Whale environment meets technical resistance

Technical analysis places Bitcoin at a critical point. On the daily chart, BTC has reclaimed its key support level at 92,000 dollars, which was previously lost on November 20, 2025. Regaining this level is positive, yet Bitcoin continues to struggle beneath a descending trendline that has repeatedly stopped upward attempts.

This trendline has acted as a zone where price rallies often reverse. For Bitcoin to begin a sustained bullish move, breaking decisively above this resistance is essential. Until that occurs, risk of another downward push remains.

Momentum strengthens as indicators shift

Beyond structural trends, momentum indicators are beginning to strengthen. The Average Directional Index, or ADX, reads at 37.27, surpassing the benchmark level of 25 that separates weak trends from strong ones. This indicates robust directional momentum even as price remains constrained.

However, the 200-day Exponential Moving Average continues to hang above the current price level. Trading below this long-term indicator reinforces the argument that the broader trend is still bearish despite recent optimism. For a meaningful reversal, Bitcoin must reclaim this moving average in addition to breaking through its descending resistance.

Liquidation levels reveal intense market tension

According to derivatives data, Bitcoin faces significant liquidation zones at 91,138 dollars and 94,490 dollars. These areas contain heavy concentrations of long and short positions, making them pivotal battlegrounds between bullish and bearish traders.

At these levels, traders have established approximately 571.51 million dollars in long positions and around 681.32 million dollars in short positions. This balanced yet heavily leveraged environment suggests an intense tug of war, where a sharp move in either direction could trigger sizeable liquidations and heighten volatility.

What lies ahead for Bitcoin Whale watchers

The combination of rising whale accumulation, strengthening momentum, and reclaimed support levels paints a cautiously optimistic picture. If Bitcoin can overcome its major trendline resistance and sustain higher trading participation, conditions could align for a shift toward the 100,000 dollar target that many market observers anticipate.

Yet caution remains warranted. Heavy leverage, reduced market participation, and ongoing resistance levels continue to exert downward pressure. Until Bitcoin breaks key structural barriers, the market must remain prepared for both bullish and bearish outcomes.

Final Thoughts

Whale accumulation has injected renewed energy into Bitcoin’s market narrative, suggesting potential confidence among major holders. While momentum indicators support a possible breakout scenario, the presence of strong resistance and leveraged positions keeps the broader outlook mixed. Bitcoin may be approaching an important inflection point, but confirmation remains essential before a full trend reversal can be declared.

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