Bitcoin

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Bitcoin, the leading cryptocurrency by market capitalization, has managed to reclaim the $68,000 level.
The flagship coin is trading at $68,194 on the CoinGecko <a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow">website</a>. Over the past two weeks, the cryptocurrency is up by an impressive 14%.
Notably, Bitcoin is now only 7.6% from reclaiming its current record high that was achieved all the way back in March.Trading analyst Christopher Inks claims that Bitcoin recently <a href="https://x.com/TXWestCapital/status/1849435310310007003" rel="noopener noreferrer nofollow">retested</a> resistance as support, and it now trying to break out above the swing high of the initial breakthrough.On Oct. 29, Bitcoin briefly surpassed the $69,000 level. However, the bulls failed to maintain their momentum. 
<h2 id="whale-holdings-reach-a-record-high">Whale holdings reach a record high</h2>
According to the data provided by CryptoQuant, the holdings of Bitcoin whales have now approached a new all-time high. This could be interpreted as an "undoubtedly" optimistic signal for the largest cryptocurrency. Whales currently hold around 670,000 BTC.
Meanwhile, an ancient Bitcoin whale from 2009 recently <a href="https://u.today/ancient-bitcoin-whale-from-2009-cannot-stop-selling" rel="noopener noreferrer nofollow">extended</a> their selling spree amid the recent BTC rally. <a href="https://u.today/bitcoin-suddenly-hits-68k-as-whale-holdings-reach-record-high" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Bitcoin Suddenly Hits $68K as Whale Holdings Reach Record High

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