Bitcoin (BTC) has risen almost 5% in ten days and is currently trying to recover the level of $ 90,000. The recent increase in whale activity, combined with strong technical indicators, is feeding optimism about a possible break.

Optimistic patterns in both cloud Ichimoku and EMA structures suggest that the market may be preparing for an upward movement. With the increase in Momentum, traders are closely watching to see if the BTC can advance the $ 100,000 mark in the coming weeks.

BTC whales have reached higher level since December 15

Bitcoin’s number of whales – ranching between 1,000 and 10,000 BTC – he said from 1,980 on March 22 to 1,991 on March 25, marking the largest count since December 15.

Although modest, this increase is significant as it reflects a new accumulation by large holders after more than three months of activity contained.

Accompanying whale wallets is crucial because these great players often move the markets; Your patterns of accumulation or distribution can serve as initial signs of broader feeling of feeling or large price movements.

Whales are typically considered “intelligent money,” and when their numbers increase, this usually suggests greater confidence in the short -term perspective on the market.

Although the growth rate of new whales has slowed in recent days, the fact that his count has reached a peak several months signals underlying force.

This may imply that institutional or high equity investors are positioning themselves before a possible optimistic movement, adding weight to the current support levels of Bitcoin and possibly paving the way for Momentum continues.

Bitcoin’s Ichimoku cloud indicates good time

Bitcoin’s Ichimoku cloud graph is showing an optimistic structure, with the price action clearly above the cloud and the cloud itself getting green and rising ahead.

The Tenkan-Sen (blue) is above the Kijun-Sen (red), indicating that the short-term optimistic momentum is still at stake. However, the two lines began to flatten, suggesting a possible pause or consolidation.

The future cloud (kumo) is large and sloping upwards, which signals solid underlying support and growing trend force. In addition, the chikou span is well positioned above the past price, confirming the optimistic feeling further.

Although there may be some side movement in the short term, Ichimoku’s overall configuration continues to favor optimists unless a break down the cloud changes the perspective.

Will Bitcoin return to $ 100,000 in April?

Bitcoin’s Ema lines are aligning for potential golden crossing, which could signal the beginning of a new optimistic phase. However, if this intersection occurs and the price of Bitcoin can break the resistance at $ 88,807, this could trigger a movement towards $ 92,928.

A strong continuation of the high trend can then lead Bitcoin to test $ 96,503 and $ 99,472, with a possible break over $ 100,000 if Momentum accelerates.

On the other hand, if Bitcoin cannot break over $ 88,807 and face a trend reversal, it can retreat to test $ 84,736. A break below this level can lead to more falls towards $ 81,162.

If the sales pressure continues, the BTC may even revisit $ 79,970 and $ 76,644, potentially falling below the $ 80,000 mark.