Bitcoin whale indicator detects multi-month accumulation trend as BTC eyes $67K-retest
The "Whales Supply Shock" metric has been pretty accurate in detecting Bitcoin market tops.
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The "Whales Supply Shock" metric has been pretty accurate in detecting Bitcoin market tops.
Today, Bitcoin maintains a stable trading value well above $60k after experiencing a gradual appreciation of 7,749,999,900% ever since its launch.
Analysts say multiple factors point toward ETH rallying to $5,000 and BTC is not expected to encounter significant resistance until $85,000.
The number of "hodled" and presumably lost Bitcoin tokens continues to surge in sync with the BTC price.
“The Market Report” with Cointelegraph is live right now with special guest Eric Balchunas, senior ETF analyst for Bloomberg.
El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has bought the dip again. The Salvadoran government has purchased a total of 1,120 bitcoins, currently worth…
Analysts still hold a bullish longterm view of Bitcoin price, but they also agree that the newly launched BTC ETFs are a game-changer.
SCRT and SHIB surge to new highs, while CRV’s rally breaks a nearly year-long sideways trend.
The popular prediction model has been remarkably accurate in the past when it comes to forecasting Bitcoin’s bearish and bullish cycles against its rising scarcity.