Can the biggest Bitcoin whales really decide when the market turns green or red?

💡 DMK Insight

Whales might still have their influence, but the real game-changers for Bitcoin are ETF flows and macroeconomic factors. With the recent uptick in ETF interest, traders should keep a close eye on inflows and outflows, as these can significantly impact price action. If we see a surge in institutional buying, it could push Bitcoin past key resistance levels, potentially leading to a bullish breakout. Conversely, any negative macro news could trigger sell-offs, especially if liquidity on exchanges tightens. It’s also worth noting that while whale movements can cause short-term volatility, they may not dictate the longer-term trend as much as these broader factors do. So, watch for ETF announcements and macroeconomic indicators—these will likely dictate Bitcoin’s trajectory in the coming weeks.