Bitcoin whales have resumed the accumulation of Bitcoin in large quantities.


This, along with the recent political changes, bodes well for the price of BTC.
Altcoins are preparing to follow Bitcoin's bullish approach.
With the return of the price of Bitcoin (BTC) exceeding $80,000, seasoned analysts remain very optimistic about the future of cryptocurrency market prices. The cryptocurrency market is currently experiencing extreme volatility, prompting analysts to hedge their risks and accept that not holding or accumulating cryptocurrencies at this time is more dangerous. To support this view, Bitcoin whales have resumed their intensive accumulation of Bitcoin.

Bitcoin whales resume their massive accumulation.
Since the drop, many entities and new traders have sold their Bitcoin out of panic. However, strong investors and long-term Bitcoin holders took the dip for what it truly was, an opportunity to accumulate more Bitcoin and other promising altcoins. Companies like "Strategy" and "BlackRock" were among those who took advantage of the drop and began accumulating large amounts. During this period, the prevailing sentiment remained very low, prompting analysts to predict a much larger decline in the price of Bitcoin and the cryptocurrency market by 80% to 90%.

Until yesterday, the trade war was leading many analysts to expect a much larger decline, but shortly after the big strategy purchase of Bitcoin, the market began to change to show more positive indicators. Many seasoned analysts who were accumulating funds despite the decline, and analysts who noticed positive indicators before the price rise, considered these positive indicators a signal for much greater highs in the future. Thus, despite the volatility, analysts remain optimistic this time.

Altcoins are preparing to follow the approach #GT #BTC #XRP #ETH #DOGE
BTC-3.81%
GT-2.85%
XRP-5.8%
ETH-6.1%
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CryptoNewsvip
· 04-10 14:19
1000x atmosphere coming 🤑
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