menu
techminis

A naukri.com initiative

google-web-stories
source image

Bitcoinist

2w

read

350

img
dot

Image Credit: Bitcoinist

Bitcoin Whale Activity Remains Neutral As It Enters Price Discovery – Bullish Signal?

  • Bitcoin has reached a new all-time high above $112,000, signaling a bullish trend amidst macroeconomic uncertainties and market volatility.
  • Despite the surge in prices, whale activity in Bitcoin remains neutral, with large holders not rushing to sell their holdings.
  • The absence of aggressive whale selling indicates confidence in further upside potential for Bitcoin, with support holding strong and market sentiment remaining positive.
  • Bitcoin's current technical levels suggest a bullish market structure, with key support around $103,600 and potential for further upside if it holds above $110,000.

Read Full Article

like

21 Likes

For uninterrupted reading, download the app