Bitcoin Eyes $112K as Whales Move BTC Amid ECB, Fed Signals

Bitcoin Eyes $112K as Whales Move BTC Amid ECB, Fed Signals
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Bitcoin is holding above $108,000 as investors await key policy signals from the ECB Forum and Federal Reserve Chair Jerome Powell. Whales are transferring BTC to exchanges, signaling potential volatility ahead. Technical indicators remain bullish, with a breakout toward $112,000 possible.

  • Bitcoin's technical indicators (RSI at 56.47, bullish MACD) suggest upward momentum toward $112,000.
  • Whale activity and declining exchange reserves signal potential volatility ahead of ECB and Fed policy cues.
  • Derivatives trading shows $806K in volatility bets as traders anticipate central bank remarks impacting crypto liquidity.
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