$60K MEETS WHALE SELLERS: 5 THINGS TO WATCH IN BITCOIN THIS WEEK

Bitcoin's journey continues to be a thrilling rollercoaster, and this week promises to be no different. Bitcoin BINANCE:BTCUSD starts a new week carefully preserving $60,000 support as sentiment walks the line between bullish and bearish.BTC price action is sticking tightly to a narrow trading range what could cause a dramatic change of pace?This week is as good a time as any for crypto market volaAs the price teeters around the crucial $60,000 mark, a confluence of factors is set to influence its direction.From whale activity and macroeconomic indicators to option expiries and exchange liquidity, understanding these elements is crucial for navigating the volatile crypto landscape.This isn't just about watching numbers go up or down; it's about deciphering the intricate dance between supply and demand, fear and greed, and institutional versus retail sentiment. 1.1M subscribers in the btc community. When r/Bitcoin moderators began censoring content and banning users they disagreed with, r/btc became aWill Bitcoin finally break through this resistance level, or will the bears manage to pin it down? Bitcoin (BTC) is challenging familiar but significant all-time highs as a new week gets underway, rallying to $58,000 on Monday. After a surprise rally on Friday, the largest cryptocurrency saw aThe answer likely lies in the interplay of the five key factors we'll be exploring.So, buckle up as we dive deep into the heart of the Bitcoin market, analyzing the trends and signals that will shape its trajectory this week.Keep your eyes peeled on these critical aspects to stay ahead in the game and make informed decisions in this ever-evolving digital asset space. Bitcoin turns up the BTC price chop into U.S. PPI data threatened to give back early week gains on May 14 as CPI meets $60K BTC price battle 5 things to know inLet's unravel the mysteries surrounding Bitcoin's price action and equip you with the knowledge you need to succeed.

1. This giant whale keeps withdrawing $BTC from Binance as Bitcoin broke $60K! Since Aug 29, the whale has withdrawn a net 3,933 $BTC ($234M) from Binance at ~$59,591, with the latest withdrawal only .The Whale Watch: Accumulation or Distribution at $60K?

The behavior of large Bitcoin holders, often referred to as whales, can have a significant impact on market movements.Lately, all eyes are on how these influential players are interacting with Bitcoin around the $60,000 price point.Are they accumulating more Bitcoin, signaling a bullish sentiment, or are they distributing their holdings, potentially foreshadowing a price correction?

Tracking Whale Withdrawals from Exchanges

One interesting observation is the recent activity of a giant whale who has been consistently withdrawing Bitcoin from Binance. $60K meets whale sellers: 5 things to watch in Bitcoin this week Written By Jackson Satelf2025 Monday Add Comment Edit Bitcoin (BTC) begins a new week riding high near record price levels tin can it sustain the gains much longer?Since August 29, this particular entity has withdrawn a net of 3,933 BTC, valued at approximately $234 million at an average price of around $59,591.This suggests a strong belief in Bitcoin's long-term potential, as moving such a large amount off the exchange typically indicates a desire to hold rather than sell immediately.

However, it's crucial to remember that whale activity isn't always straightforward.It's possible that these withdrawals are for custody purposes or part of a more complex trading strategy. Bitcoin begins a new week with a rare disappointment for its Q4 bull run failing to crack previous support.After a promising weekend, BTC/USD ultimately saw rejection at $60,000 twice and hasWe need to consider other factors, such as on-chain data, order book analysis, and overall market sentiment, to get a complete picture.

$60,000: An Attractive Level for Whales?

The question on everyone's mind is whether the $60,000 level represents an attractive entry or exit point for whales.Some argue that this price range offers a good opportunity to accumulate more Bitcoin, especially if they anticipate further price appreciation. Bitcoin faces a tough battle for support after a macro scare stopped the bull market in its tracks. Bitcoin price losses have passed $12,000 in two days, but crypto traders and analysts are nowOn the other hand, others might view it as a chance to take profits after a significant run-up. A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipientKeep an eye on transaction sizes and patterns to discern their true intentions.

2. Here are five things to consider when forecasting where Bitcoin price action will go this week.CPI and the Bitcoin Price Battle

Macroeconomic factors play a vital role in influencing Bitcoin's price, and this week, the Consumer Price Index (CPI) data is a key event to watch.CPI measures the average change over time in the prices paid by urban consumers for a basket of consumer goods and services. Skip to main content Bitcoin Insider. MenuIt’s a critical gauge of inflation, and its release can trigger significant market volatility.

How CPI Affects Bitcoin

Higher-than-expected CPI figures often lead to concerns about rising inflation, which can, in turn, prompt central banks to tighten monetary policy by raising interest rates. There's a cyclical trend occurring, as previously described, where long-term holders buy in bear markets and sell in bull markets. However, a broader and more enduring trend is also at play: despite this cyclical trend, an increasing share of bitcoin is steadily being held by long-term holders. Bitcoin LTH supply ownership. Source: Maartunn/XThis can negatively impact risk assets like Bitcoin, as investors may shift their capital towards safer, yield-bearing investments. Contact / proposals, message to 👉🏼 @bitchannelsbot Bitcoin news: @bitcoinchannel 📢 Trading: @bitcoinsignals ⏰ Altcoins: @altcoin 📣 Extended updates: @emergingcrypto 📡 DAPPS: @ethereumdapps 🔹 Shopping with BTC: @bitcoinaccepted Japanese: @btcjpConversely, lower-than-expected CPI data can boost Bitcoin's price by reducing inflationary pressures and signaling a more accommodative monetary policy.

This week's CPI release will be closely scrutinized by traders and analysts alike.If the data suggests that inflation is under control, we could see a bullish reaction in the Bitcoin market. Live Bitcoin price movements from all markets and BTC market cap, use our charts and see when there is an opportunity to buy or sell. BTC $93,835.84-0.50 % ETH $1,792.76-0.58 % USDTHowever, if inflation remains stubbornly high, Bitcoin could face downward pressure. Have you ever wondered why Bitcoin seems stuck in a tightrope act between $60,000 and the abyss? Let's dive into the world of cryptocurrencies and explore whIt's wise to prepare for both scenarios.

Bitcoin's Role as an Inflation Hedge

While some view Bitcoin as an inflation hedge, its performance during periods of rising inflation has been mixed. A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: Obtains access to the information in a personal capacity;Its limited supply and decentralized nature make it an attractive alternative to traditional assets. $60K meets whale sellers: 5 things to watch in Bitcoin this weekMonitor how the market reacts to the CPI numbers to further understand Bitcoin’s correlation with inflation.

3. Las entradas a los intercambios aumentan a medida que BTC / USD cae por debajo de $ 58,000: qu podr a suceder a continuaci n?Option Expiry: A Potential Volatility Catalyst

Option expiry dates can introduce significant volatility into the Bitcoin market.As the expiry date approaches, traders who hold options contracts may take actions to either realize their profits or minimize their losses, leading to increased trading activity and price swings.

The $1.1 Billion Options Expiry

This week features a substantial options expiry event, with approximately $1.1 billion worth of Bitcoin options contracts set to expire.This could lead to heightened volatility as traders adjust their positions.

How Options Expiry Works

Option contracts give the holder the right, but not the obligation, to buy or sell Bitcoin at a predetermined price (the strike price) on or before the expiry date.If the current market price is above the strike price for a call option (the right to buy), or below the strike price for a put option (the right to sell), the option is said to be ""in the money"" and the holder is likely to exercise it.

Conversely, if the option is ""out of the money,"" the holder may choose to let it expire worthless.The actions taken by option holders can create buying or selling pressure in the market, especially as the expiry date nears.Stay informed about the key strike prices and the volume of options contracts at those levels to anticipate potential price movements.

4.Liquidity Hunts and Order Book Spoofing

The Bitcoin market isn't always driven by fundamental factors alone.Market manipulation techniques, such as order book spoofing and liquidity hunts, can also play a role in shaping price action.

Understanding Order Book Spoofing

Order book spoofing involves placing large buy or sell orders with no intention of actually executing them.These orders are designed to create a false impression of demand or supply, enticing other traders to react and move the price in a desired direction.Once the price has moved sufficiently, the spoofer cancels the original orders, profiting from the artificial price movement.

Liquidity Hunts: Targeting Stop-Loss Orders

Liquidity hunts are another manipulative tactic aimed at triggering stop-loss orders placed by other traders. An investor is planning to sell his Beeple NFT for more than $1.6 million after buying it for just $969 in December. WHATTOHODL 📰 Blockchain, ICO, Bitcoin and other cryptocurrencies news.By briefly pushing the price below a key support level or above a key resistance level, manipulators can trigger a cascade of stop-loss orders, further amplifying the price movement and allowing them to profit from the resulting volatility.

Identifying Manipulative Tactics

It can be challenging to identify these tactics in real-time, but there are certain telltale signs to watch for, such as unusually large orders appearing and disappearing quickly from the order book, or sudden price spikes followed by equally rapid reversals. Here are five things to consider when forecasting where Bitcoin price action will go this week. Please note, this is a STATIC archive of website cointelegraph.com from October 2025, cach3.com does not collect or store any user information, there is no phishing involved.Being aware of these potential manipulations can help you avoid getting caught in these traps.Exercise caution and verify any significant price movements with other sources of information.

5.Long-Term Holder Trends and Bitcoin Scarcity

While short-term price movements are often influenced by speculative trading and market sentiment, the long-term outlook for Bitcoin is largely driven by its increasing scarcity and the growing adoption by long-term holders (LTHs).

The Bitcoin Halving and Scarcity

Bitcoin's supply is capped at 21 million coins, and the rate at which new coins are created is reduced by half approximately every four years. Related: Bitcoin whale support includes mid-$60K zone in new BTC price warning In an X post on Dec. 22, research firm Santiment revealed what it described as the highest FUD spiral of the yearThis event, known as the halving, reduces the supply of new Bitcoin entering the market, potentially driving up its price over time. Bitcoin (BTC) slipped below $60,000 for the first time in seven weeks on June 24 as analysis blamed whale games for t downside. Data from Cointelegraph Markets Pro and TradingView showed newThe halving reinforces Bitcoin's scarcity and makes it more attractive as a store of value.

Long-Term Holders: Increasing Ownership

A significant trend is the increasing share of Bitcoin being held by long-term holders. As Bitcoin heads toward $60,000, some are asking whether current levels represent an attractive trade to the whale population. Recent weeks have seen order book spoofing driving prices toward liquidity on multiple occasions, producing artificial volatility.LTHs are investors who have held their Bitcoin for an extended period, typically a year or more.Their willingness to hold through market volatility suggests a strong belief in Bitcoin's long-term potential.

Despite cyclical trends where LTHs may sell during bull markets and buy during bear markets, the overall trend shows an increasing percentage of Bitcoin being held by these long-term investors.This reduces the available supply on exchanges, further supporting Bitcoin's price.

• Monitor the percentage of Bitcoin held by LTHs: A continued increase indicates growing conviction and reduced selling pressure.
• Pay attention to exchange reserves: Declining Bitcoin reserves on exchanges suggest that more people are moving their coins into cold storage for long-term holding.

Conclusion: Navigating the $60K Crossroads

Bitcoin's battle around the $60,000 level is a complex interplay of whale activity, macroeconomic data, option expiry dynamics, market manipulation, and long-term holder trends. Here s why bears hope to pin Bitcoin under $60K ahead of Friday s $1.1B options expiry cointelegraph.com Bitcoin halving: Why it s important for BTC scarcity cointelegraph.comThis week presents a unique opportunity to observe how these factors interact and influence Bitcoin's price action.By closely monitoring these five key areas, you can gain a deeper understanding of the market and make more informed trading decisions.

Here's a recap of the key takeaways:

• Whale activity is crucial to watch for potential accumulation or distribution signals.
• CPI data will significantly impact market sentiment and potentially trigger price volatility.
• Option expiry events can lead to increased trading activity and price swings.
• Be aware of market manipulation tactics like order book spoofing and liquidity hunts.
• Long-term holder trends and Bitcoin's scarcity provide a foundation for future price appreciation.

As always, remember that the cryptocurrency market is highly volatile, and past performance is not indicative of future results.Conduct your own thorough research and consult with a financial advisor before making any investment decisions. CPI meets $60K BTC price battle 5 things to know in Bitcoin this week cointelegraph.com, UTC cointelegraph.comStaying informed and adapting to the ever-changing market conditions are essential for success in the world of Bitcoin and cryptocurrencies.Good luck, and happy trading!