Analyst: If Bitcoin falls back to $82,500 and whales resume accumulation, a buying opportunity may emerge
Odaily report: Analyst Ali posted on X that Bitcoin's recent attempt to break above $87,000 was blocked, during which whales took profits and sold more than 30,000 BTC. At the same time, $87,000 has also been the upper boundary of the price channel that has continuously capped BTC for more than the past two weeks.
Ali said that in the short term, attention should be paid to the lower boundary of the channel at around $82,500. If BTC falls back to that level and whales begin accumulating again, it would become a confirmation signal for him to consider buying on dips, with the next rebound target looking toward $87,000.
