Whale hoarding and Fed signal fuel bullish outlook for Bitcoin

Amid slowing economic indicators, Bitcoin bulls are optimistic about the possible rate cuts of the Federal Reserve, with BTC stabilizing around $111,000 after a brief decline. Key support is at $108,250 and resistance is at $112,486. Since 2025, whales have held 130,912 BTC and miners have limited sell-offs, indicating strong investor confidence. El Salvador’s recent purchase of 8 BTC highlights the growing interest of institutional investors. Analysts believe that the Fed policy shift may further push up the price of Bitcoin.