$BTC miner reserves have remained stable over the past 24 h...

$BTC miner reserves have remained stable over the past 24 hours, with no major selling pressure. This suggests that miners are confident in future price action, potentially waiting for better market conditions to sell at higher levels. At the time of writing, BTC is trading at $88,020.88 (+1.53%) after breaking out of a descending trendline and bouncing off a demand zone. 📈 This indicates strong buying interest, with Bollinger Bands signaling a potential breakout and RSI at 53.25, showing neutral market sentiment. 💡 On-chain insights: ✅ 78.28% of BTC holders are in profit, reinforcing strong support levels. ✅ NUPL at 0.501 signals that the market remains in a profit zone, reflecting bullish sentiment. ✅ Whales & institutions are accumulating! Recently, 2,760 BTC was moved, while BlackRock purchased $42M in BTC earlier this year—indicating big players are gearing up. With strong fundamentals, miner confidence, and institutional backing, BTC could be setting up for a bigger move! 🚀 What’s your price target for BTC in the coming weeks? Drop your thoughts below! 👇💬 📊 WhiteBIT Chart: BTC/USDT (1D) #BTC Price Analysis#