Crypto analyst Ali Martinez highlighted that large Bitcoin 
$94,868 investors have made significant purchases, acquiring billions of dollars worth of BTC. He emphasized that these Bitcoin whales bought tens of thousands of BTC within just four days.
Whale Bitcoin Purchases
According to Martinez, Bitcoin whales purchased over 40,000 BTC in just 96 hours, with a total value estimated at approximately $3.96 billion. The analyst’s charts indicate that these whales typically hold assets ranging from 100 to 1,000 BTC.
Martinez also noted that long-term Bitcoin holders, who have owned BTC for at least six months, are showing signs of optimism. The increasing ambition from these holders historically indicates that BTC could take between eight to eleven months to reach its market peak. If this trend continues, a potential peak could occur between June and September 2025.
Technical Indicators
However, while Martinez remains long-term bullish on Bitcoin, he cautioned that the Tom DeMark (TD) Sequential indicator is providing a negative signal on BTC’s 12-hour chart. The TD Sequential suggests that Bitcoin may experience a price correction, potentially dropping to $91,583 or even $85,610. To invalidate this negative signal, BTC needs to close above $100,535.
Traders utilize the TD Sequential Indicator to predict potential trend reversals based on the closing prices of a specified number of bars or candles. At the time of writing, Bitcoin was trading at $95,312.
In conclusion, the substantial purchases made by major Bitcoin investors and the optimism displayed by long-term holders present complex signals about BTC’s future. Meanwhile, technical indicators point to a potential correction, necessitating careful analysis from market participants. It is crucial for investors to evaluate both whale purchases and technical signals in a balanced manner.
