Crypto News

🔷🔶 Bitcoin (BTC) price dropped below $81,222 over the weekend, forecasting the biggest drop since 2018. However, a large number of "whales" are hoarding Bitcoin, similar to the 2020 bull trend. 🔶 Blockchain analysts show that these "whales", who hold between 1,000 and 10,000 BTC, are actively buying, despite the negative market sentiment. This accumulation process has been repeated during previous bull runs, signaling a potential price recovery. Although Bitcoin price is currently falling, these whales have not sold yet. For a sustainable positive price increase, Bitcoin needs to overcome the $84,000 resistance level and continue to maintain above the 50-day exponential moving average.

Stay informed, plan your entries and exits carefully. Understanding market sentiment and whale behavior can help navigate volatile times. Keep an eye on key levels and stay disciplined in your trading approach.