
Bitcoin Surges 40%: Whales Accumulate, Bulls Eye $120K
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About this listen
Hey friends, Crypto Willy here, bringing you your essential rundown on the latest in Bitcoin trading and investment strategies for the week leading up to May 20, 2025. If you’ve been glued to the crypto charts—or just checking your wallet app between coffee breaks—you know it’s been another wild ride!
First up: Bitcoin’s price action has been the talk of the week, with the king of crypto surging a staggering 40% over the past month, sparking fresh optimism for both seasoned holders and newcomers. Just a week ago, analysts were buzzing as Bitcoin flirted with (and then retraced from) its 2024 high of $73,000, with many wondering if a new all-time high is around the corner. Notably, long-term holders—folks like Gordon, who shared his portfolio moves on X—have been quietly stacking, adding over 630,000 BTC since March. These whales were selling between October and January when Bitcoin ranged from $60K to $70K, then jumped back in as prices hovered near $97K in February and $75K in April. The consensus? Smart money is back in accumulation mode, and that’s a confidence booster for the little guys.
On the technical side, the weekly chart looked especially juicy: we saw a textbook retest and close above the 50-week moving average, followed by that monster pump. Bulls remain in charge so far; you’ll want to watch that $92,000 to $95,000 zone. If Bitcoin slips below $80,000 and closes there, that’s when we’d start worrying about the current bullish structure breaking. Short-term traders have also been tracking RSI divergences, which played out beautifully for those watching for a breakout. That RSI signal, combined with new liquidity zones being probed, hints that Bitcoin could still have legs—provided it forms a new, higher low in the coming days.
Now, let’s talk price predictions. The crew at Changelly and Binance are calling for continued volatility, with most analysts predicting the average Bitcoin price hovering around $104,500 to $119,800 through May. The minimum expected dips hover near $100,000, while optimists like PlanB are touting a potential V-shaped recovery—classic PlanB energy, always stoking the bull fires.
Strategy-wise, here’s what’s working this week:
- HODLers are winning big, especially those who doubled down during the dips below $75K.
- Short-term swing traders are eyeing liquidity gaps and RSI signals, riding the waves between $92K and $119K.
- If you’re dollar-cost averaging, current volatility is your friend—stack those sats on red days.
- Keep a sharp eye on MA50 and liquidity zones. When whales start buying, it’s never random.
In summary: Bitcoin’s still got juice, the whales are accumulating, and both technicals and fundamentals signal strength. Whether you’re trading the swings or just holding for dear life, stay sharp, keep learning, and let’s ride this next wave together. Catch you on the next market update—Crypto Willy, signing off!
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