By Bitcoin has been under selling pressure as whales offloaded billions, but the long-term outlook still points to $250K.
At the same time, MAGACOIN FINANCE is catching attention as a top altcoin pick to ride alongside Bitcoin’s run.
Whales dump $12.7B Bitcoin, pressuring short-term prices
Bitcoin whales sold over 115,000 BTC worth $12.7 billion in the past month — the biggest sell-off since mid-2022.
According to analysts at CryptoQuant, this wave of selling shows large holders are cutting risk exposure, which has pushed Bitcoin below $108,000 in recent weeks.
Despite this pressure, many say the outlook for Bitcoin hasn’t changed.
Data shows whale selling has slowed, with the seven-day balance drop easing from 95,000 BTC to 38,000 BTC.
Meanwhile, institutional buying has helped balance out the selling.
While short-term moves may stay choppy, Bitcoin has only corrected 13% from its record high, far less than past pullbacks.
Analysts keep $150K–$250K Bitcoin forecasts alive
Even with whales selling, experts believe Bitcoin is on track for bigger gains.
Canary Capital CEO Steven McClurg says there’s more than a 50% chance Bitcoin hits $150K this year, thanks to treasury inflows and ETF demand.
Michael Saylor also noted that most equity analysts see Bitcoin reaching $150K by Christmas.
Adding to the bullish outlook, Tom Lee of Fundstrat Global reaffirmed his $250K target for Bitcoin by Christmas 2025.
He highlighted Bitcoin’s history of fourth-quarter rallies and pointed to the Fed’s September rate decision as a key trigger.
Together, these predictions show that analysts still believe Bitcoin’s path is upward, even in the face of recent whale pressure.
MAGACOIN FINANCE: altcoin pick to ride Bitcoin’s $250K journey
Amid Bitcoin momentum, analysts say smaller altcoins can move faster.
MAGACOIN FINANCE is one that has been named as a top pick to buy alongside Bitcoin.
Unlike Bitcoin, which already has a huge market cap, MAGACOIN FINANCE is newer and undervalued, which gives it room to grow at a quicker pace.
Why MAGACOIN FINANCE:
- Smaller and newer, making 120X moves faster than Bitcoin
- Analyst pick as a top coin to diversify with
- Thousands of holders already in early
- Seen as a hedge for those who missed earlier Bitcoin runs
For those looking to diversify while betting on Bitcoin’s path to $250K, this altcoin is one to watch closely.
How traders can position now
Bitcoin’s long-term forecast remains bullish despite short-term whale selling.
Traders looking to position for the next big run should consider both Bitcoin and newer altcoins like MAGACOIN FINANCE.
Acting early gives the best chance to benefit from upcoming moves.
Visit the official MAGACOIN FINANCE website to learn more and get in before the market catches on:
- Website: https://magacoinfinance.com
- X: https://x.com/magacoinfinance
- Telegram: https://t.me/magacoinfinance
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