Bitcoin Nears $100K Amid Whale Moves and Saylor’s $1M Prediction

Bitcoin (BTC) is closing in on the $100,000 milestone, trading at $97,857.55 with a 1.12% daily gain despite recent volatility. The cryptocurrency continues to form higher lows during pullbacks, signaling growing confidence among long-term investors and market whales.

A recent transaction caught by Whale Alert has stirred speculation: a large holder moved 3,289 BTC—worth over $318 million—to Coinbase. Large transfers to centralized exchanges often precede major selloffs, raising concerns of a potential market shift. Analysts suggest the whale could be preparing to take profits once Bitcoin reaches the $100K psychological barrier. Coinbase’s involvement, known for handling high-volume institutional trades, has only heightened the buzz.

Market observers are keeping a close eye as trading volume saw a slight 1.73% dip to $28.7 billion. While this may signal a cooling period, sentiment remains broadly bullish.

Adding to the optimism, MicroStrategy founder Michael Saylor reaffirmed his ultra-bullish stance, predicting Bitcoin could surge to $1 million. He emphasized that temporary price fluctuations should not deter investors, calling now the ideal time to accumulate BTC. Saylor's forecast aligns with broader expectations of a supply squeeze and institutional adoption wave.

As the crypto community watches for a potential breakout, all eyes are on whether Bitcoin will breach the six-figure mark and how whales and institutional players will react. The next few trading sessions could determine if BTC cements its momentum—or faces a sharp correction.