Whale James Wynn said in a post on social media early this morning that it has reduced the size of its bitcoin multi-order position, taking part of the profit around $110,000 - 111,000.
This position looks like a good profit point, and it seems that others are doing the same. In my opinion, Bitcoin is eager to break through to the upside. The goal remains the same - see $115,000 - 118,000 by the end of next week, but it may even be achieved in a few hours (it has been reached in the early morning).
It believes that once Bitcoin peaks near the 118,000 - 122,000 dollar, it will see a cooling off period and sideways trading for the time being, and then it will be the real interesting time.
Whale James Wynn: If Bitcoin peaks near $118,000 - 122,000, the market will enter a cooling period
2025-05-23 01:46:43
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