The analysis focuses on Bitcoin's potential drop after reaching a resistance of $117,000. The whale money flow is currently high. There is a 96% chance of a price drop and upward momentum is running out. Once the green line of the whale money flow starts dropping, the drop is imminent. A potential new buying opportunity for Bitcoin may arise if price versus whale money flow are both low, and if the trade favors a long trade zone. If the price reaches $110000 and the upward trend will be broken. A strong sell or sell signal would be a signal that the trade should be closed and that the price is about to move bearish.