According to a recent Santiment report, Bitcoin whales have started buying this digital currency again after recent sales. These whales have accumulated over $400 million worth of Bitcoin in the early days of March 2025. Despite this significant buying volume, the Bitcoin price has not shown a significant reaction yet. However, analysts predict that if the whale buying trend continues in the second half of March, the market may experience better conditions. On the other hand, Bloomberg’s chief strategist, Mike McGlone, has a different perspective, suggesting a potential heavy drop in Bitcoin price this year due to strict U.S. economic policies. He compares Bitcoin to the Nasdaq 100 index in the early 2000s, indicating a possible sharp decline after reaching $100,000. Based on these analyses, the Bitcoin market is at a crossroads: whales are accumulating on one side while analysts warn of a potential drop on the other side. Everything now depends on the decisions of major investors and the trend of macroeconomic policies.
