Bitcoin traders set $88K target as market bias finally tilts toward bulls

Bitcoin holding above $72,000, along with a sharp uptick in whale activity, suggests traders may target the supply zone at $88,000.

Bitcoin (BTC) is showing signs of a potential breakout, mirroring a similar setup seen in Q2 2025, with analysts watching for a possible move toward the $86,000–$90,000 range in the coming weeks. The bullish outlook is supported by strong whale activity and a notable decline in exchange inflows, which have dropped by around $5 billion over the past two months, indicating reduced selling pressure. Currently trading near the $72,000 range, BTC recently touched a weekly high of $73,255 while maintaining price compression between $70,000 and $72,000 over the past few days. This consolidation phase is building momentum, with the $70,000 level acting as a key support zone. Compared to previous months, Bitcoin is showing improved stability at higher levels, suggesting growing confidence in the market structure.

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