Bitcoin is retesting its crucial 50-day exponential moving average support, a level that previously triggered a 25% rally, suggesting a potential breakout toward $148,000 in the near term.
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Bitcoin’s 50-day EMA acts as a pivotal support aligning with a bullish inverted head-and-shoulders pattern targeting $148,000.
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Significant whale profit-taking of 80,000 BTC marks a third wave, historically preceding consolidation and upward momentum.
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Market analysts anticipate a breakout near $150,000 by October 2025, following cyclical cooling phases.
Bitcoin retests key 50-day EMA support, signaling a rally to $148,000. Whale selloffs indicate consolidation before new highs. Stay updated with COINOTAG.
How Is Bitcoin Holding Its Critical Moving Average Support?
Bitcoin recently reclaimed its 50-day exponential moving average (EMA) after a brief dip below, reinforcing this level as a strong support zone. Historically, this moving average has been a reliable indicator for fresh upward momentum, as seen in June when a similar dip preceded a 25% price surge. This pattern suggests Bitcoin may be setting a foundation for another bullish run.
What Does the Inverted Head-and-Shoulders Pattern Indicate for BTC?
The 50-day EMA coincides with the neckline of Bitcoin’s inverted head-and-shoulders (IH&S) formation, a classic bullish reversal pattern. After breaking above this neckline, BTC’s recent pullback and bounce confirm the pattern’s validity. This technical setup targets a price near $148,250, aligning closely with the anticipated $150,000 milestone expected by many market observers in late 2025.
BTC/USD daily price chart. Source: TradingView
Why Is the Old Bitcoin Whale’s $9.6 Billion Selloff Considered Bullish?
Onchain data reveals that Bitcoin whales have executed three major profit-taking waves during the 2023–2025 bull market. The latest, involving an 80,000 BTC selloff valued at approximately $9.6 billion, occurred after BTC surpassed $120,000. According to CryptoQuant analysts, these selloffs typically precede consolidation phases lasting two to four months, which historically set the stage for renewed accumulation and subsequent breakouts to new all-time highs.
Bitcoin realized profits by old and new whales. Source: CryptoQuant
How Do Whale Profit-Taking Waves Impact Bitcoin’s Price Cycles?
Each wave of whale profit-taking has historically led to a cooling period in the market, characterized by price consolidation or moderate corrections. These phases allow for accumulation by long-term holders and reduce volatility, ultimately fostering a healthier environment for the next bullish phase. This cyclical behavior strengthens the case for Bitcoin’s upcoming breakout to higher price levels.
What Are the Key Technical Targets for Bitcoin’s Next Move?
Technical analysis highlights the $148,000 level as a primary target, derived from the IH&S pattern’s measured move. This target is supported by the 50-day EMA acting as a strong support and the recent price action confirming the breakout’s sustainability. Market participants are closely watching this level as a potential gateway to the widely anticipated $150,000 milestone.
BTC/USD daily price chart. Source: TradingView
| Technical Indicator | Current Value | Historical Comparison |
|---|---|---|
| 50-day EMA Support | $112,000 | Preceded 25% rally in June 2025 |
| Inverted Head-and-Shoulders Target | $148,250 | Aligns with 2025 $150K forecast |
| Whale Selloff Volume | 80,000 BTC | Third wave in 2023–2025 bull cycle |
Frequently Asked Questions
What is the significance of Bitcoin’s 50-day EMA in price movements?
The 50-day EMA serves as a dynamic support level that often signals potential price rebounds. When Bitcoin holds above this average, it typically indicates bullish momentum and can precede significant rallies.
How do whale selloffs affect Bitcoin’s market trends?
Whale selloffs usually trigger short-term price corrections or consolidation phases. These periods allow the market to stabilize before renewed buying pressure drives prices higher, often leading to new all-time highs.
Key Takeaways
- Bitcoin’s 50-day EMA is a critical support level that has historically triggered strong rallies.
- Inverted head-and-shoulders pattern targets $148,000, aligning with broader market forecasts.
- Whale profit-taking waves signal healthy market cycles with consolidation preceding new highs.
Conclusion
Bitcoin’s retest of the 50-day EMA and confirmation of a bullish inverted head-and-shoulders pattern suggest a strong potential for a rally toward $148,000. Whale selloffs indicate a natural market cooling phase that historically precedes upward momentum. Investors should monitor these technical signals closely as Bitcoin approaches key resistance levels in late 2025.
