Bitcoin whales drive significant purchasing, amassing $941M in 24 hours, signaling market re-accumulation. Confidence grows amidst price stability. Analysts foresee bullish trend post-halving re-accumulation, supported by positive ETF flows and reduced selling pressure.
Xu LinBitcoin has fallen about 17.5% after hitting a new all-time high, sparking debate over how much its price could fall in the coming days.
JinseFinanceBitcoin faced a setback as miners cashed out 3,000 BTC, contributing to a recent price drop. Unusual selling levels by miners intensified the impact, prompting a recovery push to $42,900. While miners focused on covering operational costs, regular investors exhibited longer holding patterns. Despite the brief downturn, market resilience suggests ongoing investor confidence
Sanya
OthersHe is a big believer in the charting system and began predicting ADA's bearish trajectory in early Sep. 2022.
BeincryptoSolana network faltered anew, as the crypto space's “Ethereum Killer” goes offline courtesy of faulty mechanics in its system.
BitcoinistEthereum funds have been undergoing a modest recovery after witnessing 11 weeks of continuous outflows.
Cointelegraph
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