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HomeGlobal Market TrendsBitcoin price rebounds to $108K as millionaire whale goes 20x long on...

Bitcoin price rebounds to $108K as millionaire whale goes 20x long on BTC

Analysts say Bitcoin could break its all-time high within one to two weeks, following breakout patterns seen recently in gold and the S&P 500.

Key takeaways:

A newly created whale wallet opened a $54.5M 20x long position on Bitcoin at $106,538.

Bitcoin nears $108,000 as US-China trade talks and bullish equity forecasts lift market sentiment.

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