Key Insights:
- A whale pulled $213M in BTC off Binance within 10 hours.
- Bitcoin approaches $90K with rising momentum and bullish indicators.
- Altcoin market flashes Golden Cross, signaling a potential major rally.
A whale has withdrawn over 2,400 BTC from Binance within 10 hours, as momentum builds behind Bitcoin and altcoins. Combined with a rare Golden Cross signal in the altcoin market, analysts suggest a potential setup for strong upward movement across the crypto market.
Bitcoin Whale Withdraws $213M in BTC from Binance
A whale executed a 2,425 BTC withdrawal amounting to $213 million through Binance during a brief period of time according to data from Lookonchain. Bitcoin outflows from exchanges usually indicate that whales are actively building their position in the market and accumulating more of the assets.
Strategic movements of market supply at certain occasions impact both market supply availability and its subsequent short-term price dynamics.
Technical Indicators Support Bitcoin (BTC) Uptrend
Daily technical indicators indicate Bitcoin will continue an upward trend as its current value sits at $88,390.The asset has surged 5.02% because price recovered from a $85,000 support level and moved toward the $90,000 resistance area.
Currently the RSI indicator stands at 51.26 which shows potential price growth above neutral ranges. The MACD indicator has reached bullish levels in its current position. The MACD line maintains a higher position than the signal line at the same time the histogram continues to show increasing positive values.
Market participants maintain their attention on the $90,000 psychological barrier that stands as resistance. Cleared resistance at this area would allow Bitcoin to test its previous record heights. On the downside, Support is currently holding between $83,000 and $85,000.
Altcoin Market Shows Repeat of 2021 Pattern
Market analyst CryptoNobler predicts that the altcoin market will undergo a fresh altseason because it just completed a Golden Cross in 2025. A strong uptrend in financial markets tends to initiate when the 50-day moving average breaks above the 200-day moving average thus creating this market pattern.
CryptoNobler recorded significant profits reaching over $150,000 during the 2021 margin when the Golden Cross pattern emerged. He currently sees this pattern repeating itself early in 2025. A new crossover pattern has recently emerged according to recent chart analysis while an oval surface labelled “ALTSEASON” shows a possible breakout area.
According to the chart projection the altcoin market value could surge by 90,000% from its lowest point. Due to an ongoing trend scenario the above green line indicates that the total altcoin market capitalization may reach up to $9 trillion.
Global Liquidity Index Reversal Strengthens Outlook
The Global Liquidity Index recorded its first positive reading after 2021 which enhances the already optimistic market prediction. Bitcoin adopted an identical pattern with market liquidity throughout its history. The BTC price showed an upward momentum because of increasing market liquidity from 2015 through 2017. The markets pulled back as a result of contraction periods occurring both in 2018 and 2022.
The positive trend in the GLI for 2025 replicates previous market conditions before the 2021 price rally which could lead to an additional market rise due to rising global liquidity. Analysis based on these price patterns suggests Bitcoin should reach $350,000 in this cycle and altcoins are predicted to perform more.
Disclaimer
This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
