- Big Bitcoin whales bought $3.5 billion worth of BTC showing high bullis potential.
- Bitcoin on the path to reclaim its 6-digit prices.
- Michael Saylor predicts $10 million BTC ATH price potential.
As the first month of Q2 nears its close, Bitcoin struggles to reclaim its 6-digit prices. Presently, Bitcoin is staggering between $94,000 and $95,000 and analysts expect BTC to reclaim $100,000 or $103,000 soon. This confidence is being reflected in heavy BTC accumulations. To highlight, big Bitcoin whales bought $3.5 billion worth of BTC as Michael Saylor predicts $10 million BTC price potential.
Bit Bitcoin Whales Bought $3.5 Billion Worth of BTC
In early January 2025, BTC set its latest ATH price at $109,000, soon after, the pioneer crypto asset fell into a deep and long correction phase that went on till the start of Q2. The prolonged correction phase went on for longer than expected due to Trump’s tariff war where billions were liquidated from both the crypto and stock markets only to flow back in with greater liquidity than before when the tariff war deescalated.
Several seasoned analysts were able to predict when exactly the price of Bitcoin would fall and rise again making the best of the crypto market. Meanwhile, others simply took advantage of the many market dips to accumulate heavily before the price of Bitocin went back up. Despite Bitcoin already reclaiming the $95,000 price marks, it seems big bitcoin whales have not slowed down in their accumulation run.
As we can see from the post above, big whales just bought $3.5 billion worth of Bitcoin (BTC). The post goes on to stress the confidence that whales are showing in Bitcoin and its long-term potential. To highlight, institutes like BlackRock have also been heavily accumulating BTC, so much so that it now owns over 2% of the total Bitcoin supply. All these signs point to Bitcoin price heading towards an epic rally.
As for how high Bitcoin (BTC) is set to pump this bull cycle, this is a matter many seasoned and new analysts have chimes in on. For instance, some are looking at the next immediate ATH prices which could be from $116,000 to $125,000, and $135,000. Next, analysts expect the price of Bitcoin to hit much higher targets of $250,000 and $350,000. Similarly, some analysts have set much higher targets for Bitcoin to hit in the long run, and not likely in this cycle. These predictions go from $500,000 to $1,000,000.
Michael Saylor’s $10,000,000 BTC Price Expectation
Michael Saylor remains one of Bitcoin’s biggest advocates and true believers. He has so far accumulated an impressive amount of Bitcoin via Strategy, the firm now leads the race in institutional Bitcoin buying. As we can see from the post above, Saylor Bitcoin ATH price expectations for the long-term only keeps growing more bullish with his latest prediction placing Bitcoin (BTC) at an ATH price of $10,000,000.
