Important Highlights
- A $ 9b bitcoin cell-off from a Satoshi-era wallet did not crashes a stable price bitcoin around $ 117K.
- Important area to see: If bitcoin breaks all time high, it can reach $ 127K; If it falls, keep an eye on the $ 98k support.
- Experts remain optimistic, with long -term bets on $ 50 trillion cryptocurrency market and predictions ranging from $ 130,000 to $ 150,000.
Bitcoin Whale Just Cashed Out $9B And the Market Barely Blinked
The Bitcoin world just got rocked by one of the biggest moves we’ve seen in years.
Crypto giant Galaxy Digital confirmed it sold over 80,000 Bitcoin, worth a staggering $9 billion, for a client who’s been holding since the earliest days of Bitcoin back when Satoshi Nakamoto was still around.
That’s right. A Satoshi-era wallet just unloaded a fortune. You’d think this would tank the market, right? Surprisingly, it didn’t.
In fact, Bitcoin is holding steady around $117,000. Crypto analyst Nic Puckrin summed it up best: “Galaxy sold $9 billion in Bitcoin, and we’re still chilling.”
According to Galaxy, the seller wasn’t panic dumping but simply doing some estate planning.
This completely replaces the tone and for many people in the crypto space, it is a sign that bitcoin is growing.
Bitcoin Eyes $130K With Bullish Momentum Building Fast
So where does Bitcoin go from here?
According to analysts at B2BInPay, Bitcoin just cleared a key liquidity range between $115,700 and $116,100.
That puts it right on the edge of two possible outcomes:
- If Bitcoin breaks above its all-time high, it could race toward $127,700.
- If it drops below $98,300, we might see it slide further, possibly down to $89,500–$85,400.
But here’s the thing: a 17% drop to trigger a real bearish reversal isn’t looking very likely right now. Most analysts still lean bullish.
According to John Glover, CIO at Ledn, Bitcoin will soon reach $130,000.
Then, he expects a brief dip maybe down to $120,000 before the next big push toward $136,000–$142,000 by the end of the year.
Bitcoin Still Has Powerful Backers And Big Predictions
Beyond the charts, big names are still backing Bitcoin in a big way.
Former President Donald Trump has voiced support for crypto, predicting strong growth especially if the Fed lowers interest rates.
Meanwhile, Mike Novogratz, who runs Galaxy Digital (the same firm behind the $9B sale), thinks we’re heading toward $150,000 per Bitcoin.
“We’re in price discovery,” he told CNBC. “And $150K seems like a decent target.”
Then there’s Dan Tapiero, a well-known crypto investor who just launched a new $500 million fund called 50T.
He’s now betting the total value of the crypto ecosystem including Bitcoin and crypto companies will grow from $5 trillion to $50 trillion over the next decade.
He’s not guessing, either. He points to real wins like Coinbase buying Deribit and Circle preparing to go public as proof that this space is growing faster than anyone expected.
Next Step for “Bitcoin” ?
The lesson is as follows: Bitcoin just took a $9 billion blow to the gut, but it didn’t even bat an eye. That isn’t a sign of weakness.
That’s strength. If Bitcoin breaks through resistance and clears its all-time high, we could see a quick move to $127K, or even higher.
But if sellers start taking profits, we might pull back to $98K or lower first.
In any event, it is clear that a tipping point is occurring in the market.
Now is a terrific moment to pay attention, regardless of whether you want to stay involved or are just observing.