Understanding the movement of Bitcoin across different wallet sizes is crucial for deciphering cryptocurrency market trends and anticipating price fluctuations. Over time, analysts have observed distinct behaviors among small, medium, and large wallet holders, providing valuable insights into future market movements. 📊 The movement of #Bitcoin between small, medium, and […]
Tag: Inflow
BITCOIN PRICE ANALYSIS & PREDICTION (April 29) – Post-Halving: BTC Continues To Bleed After Posting Small Gains, Targets $60k
The aftermath of the halving event has led to more bloodbaths for Bitcoin BTC as it continued to follow a negative sentiment in the past week. It may lose the crucial $60k level if it bleeds throughout this week. Posting a moderate gain a few days after the halving, Bitcoin […]
Bitcoin Halving Discussions Peak As Final Week Approaches
As Bitcoin enters its final week before the highly anticipated halving event, social media buzz surrounding the topic has reached its highest level of the year, peaking at 9 PM UTC. This surge in discussion is often viewed as a signal of high confidence price reversals for cryptocurrency markets. However, […]
Bitcoin Rebounds Above $69K Amid Concerns Over Silk Road Seizure
Bitcoin has staged a remarkable recovery, surging back above the $69,000 mark after a recent dip below $65,000 that left many traders on edge. The sudden drop is widely attributed to reports of U.S. government authorities selling nearly 10,000 bitcoins seized from the Silk Road. This news has sparked fear […]