Whale sentiment around Bitcoin has taken a dramatic turn. Alphractal’s latest report states that large market players have stopped shorting the asset. The chart shows that the number of negative positions has dropped which suggests that bearish pressure has diminished. As whales start to buy Bitcoin instead of betting against it, this could signal BTC […]
Bitcoin Whale Accumulation
Bitcoin Whales Accumulate 131K BTC! Bullish Signal for $100K?
Bitcoin’s multi-year bull run faces uncertainty as an analyst warns of a “potential trend shift.” A critical support level may determine Bitcoin’s next move, with a breakdown signaling weakness and a hold sustaining bullish momentum. Traders are closely monitoring this zone as market sentiment hangs in the balance. Bitcoin rebounded slightly after the U.S. CPI […]