The Bitcoin whale known as “Setting Ten Big Goals First” reiterated that the bottom of this BTC cycle is $58,000. The whale said BTC could rise to $120,000 this year. After observing that the market had stabilized over the past two days, the whale said they had rebuilt a full long position between $76,000 and $78,000. Previously, the whale had closed about two-thirds of their long position near $76,000 to guard against another bout of extreme market volatility.