Bitcoin whales’ actions: Bitcoin whales have accumulated nearly $4 billion USD in BTC, anticipating a significant price surge. In the 96 hours before November 25th, more than 40,000 Bitcoins were purchased by whales, indicating a very high demand from large investors. This has led many to predict a notable price increase in the near future.

Effect from Bitcoin ETFs: Demand for Bitcoin ETFs has absorbed 90% of BTC sold by long-term investors, with inflows reaching as high as $3.38 billion USD. This is the highest level since January and signals a new investment trend. Support from ETFs has stabilized Bitcoin’s value, making it more attractive to investors.

Potential risks ahead: Although many analysts are optimistic that Bitcoin’s price could surpass $100,000 USD, concerns remain. Experts warn that selling pressure might increase once Bitcoin hits this level. As analyzed by Peter Brandt, speculators might sell below the $100,000 threshold to buy back at lower prices, creating risk for large speculators.

Current state of Bitcoin: Currently, Bitcoin is experiencing a slight decrease with prices reaching $94,671 USD, down by 1.72% in the last 24 hours. However, trading volume has surged significantly by 47.54% to $71.47 billion USD; this indicates that despite the price decrease, there is still strong market interest. Bitcoin’s market capitalization has slightly decreased to $1.88 million USD.