And if retail investors and other strategic stakeholders take a cue from the BTC whales buying trend, BTC price could soon make the much-anticipated another major leap above $70,000.

Bitcoin Price Forecast: Breaking above $70,00 0 Could Catalyze Bigger Gains

Bitcoin top holders acquiring $670 million worth of BTC over the last 5-days appears to be the major catalyst behind the latest price upswing above $68,000. If the buying trend persists as the week unfolds, BTCC bulls could target a move towards the $75,000 area. 

But first, BTC has to close the trading day above $69,000. In this scenario, the bulls must withstand the profit-taking wave from final cluster of 22,760  addresses that acquired 5.1 million BTC when prices last approached $70,000.

Breaking above that final resistance, could set the stage for BTC price to advance towards $75,000 retest as predicted.