Étiquette : bitcoin

Edited by Matt Waller In the past few days, Bitcoin has experienced significant activity from whale investors and mounting pressure on miners, setting the stage for a potential market rebound. Over 20,000 BTC have shifted from long-term holders’ wallets during the last four days, coinciding with a 7.5% weekly drop that has brought Bitcoin’s price to roughly $96,600. While these developments might sound alarming at first, many analysts believe this could be a golden buying opportunity, given historical patterns following miner capitulation and subsequent market recoveries. Key Points Whale Activity: Over 20,000 BTC have been moved out of long-term holders’ wallets in the last four days. Price Drop: Bitcoin’s value has declined by 7.5% over the past week, now trading...