Is Bitcoin Price Headed for $90,000? Shift in Market Sentiment as Whales Circle

On Monday, the BTC experienced a slight decline of 0.28%, reflecting a lack of decisive movement from either buyers or sellers. Recently, the Bitcoin price fell below the $70,000 mark, leading to increased supply pressures on various altcoins, suggesting that the current consolidation phase may persist. Nonetheless, despite the tepid price movements, the purchasing activity of both whales and retail traders suggests that this may be the lull before a significant market rally.