Bitcoin dipped below $115,000 overnight on the whale’s massive transfers, but rebounded above $117,000 after asset manager Galaxy confirmed it had completed the sale on the whale’s behalf as part of estate planning coindesk.com coindesk.com. With that selling pressure cleared, analysts suggested the local bottom was likely in – Ledn’s John Glover predicted Bitcoin could soon resume its uptrend, “rallying to circa $132,000” in the next wave coindesk.com. Even after the week’s volatility, BTC is roughly $117K, down about 1–2% on the day and 3% below its mid-week peak of $120K coindesk.com. Traders noted that macroeconomic signals contributed to the pullback – stronger U.S. jobs data cooled hopes for Fed rate cuts, prompting a broad risk-off move that dragged Bitcoin to two-week lows around $114.7K ainvest.com ainvest.com.