Bitcoin Price Today: ₹9.58M (~$111K) — Support Resistance, Whales & Market Outlook

Bitcoin is trading at approximately ₹9,580,000 (~$111,500) as of today, following a 1–3% decline in the past week. This article breaks down critical support and resistance levels, recent whale activity, and why investors are closely watching the charts now.

Live Bitcoin Price (BTC to INR & USD)

  • BTC/INR: ₹9,575,893 – down ~1.08% in 24h, −5.3% in 7 days 0
  • BTC/USD: ~$111,648 – holding near key support at $111,500 1

Support & Resistance Levels

  • Support: ₹9.3M (~$105K) – critical floor observed in recent dips 2
  • Resistance: ₹10.4M–₹10.9M ($115K–$118K) – previous highs and technical ceiling 3

Whale Activity: Binance Whale Inflows Spike

Whale activity is flaring up on Binance: the average deposit size jumped to 13.5 BTC—clearly pointing to large players moving significant capital into the exchange 4. This suggests potential distribution and a pivotal moment for price direction.

Market Outlook: MVRV Bands & On-Chain Signals

On-chain models like MVRV show Bitcoin well above its $52 K “floor” and $91.6 K median support—signaling a healthy uptrend. The upper band hints at a possible peak near $183K, while long-term holders are showing resilience at ~$108K cost basis 5.

Key Takeaways for Investors

  • Bitcoin is testing critical support at ~$111K—failure below could dip it toward $105K.
  • Watch for whale behavior—large inflows to Binance may precede sharp moves.
  • MVRV trends indicate room for upside but also warn of over-extension at higher levels.

Quick Summary Table

MetricValue
BTC/INR₹9,576,000 (~$111K)
Support₹9.3M (~$105K)
Resistance₹10.9M (~$118K)
Whale Inflow Key13.5 BTC per deposit (Binance mean inflow)

Stay Informed

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Note: Cryptocurrency markets are highly volatile. Always invest responsibly and use proper risk management.

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