Bitcoin's On Balance Volume (OBV) is approaching a critical resistance level near 1.8 million, indicating potential bullish momentum. Analyst Ted Pillows suggests that surpassing this level could confirm a bullish trend, while failure to do so might result in a retracement to the 1.68 million to 1.64 million range. This development coincides with increased trading volumes and notable whale activity, including a dormant 100 BTC wallet moving $12.5 million worth of Bitcoin after 12 years.