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BitcoinHolder

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khannu
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Learn to Grown:
Agree 💯👍, I only invest in Bitcoin.
Parisian Jeweler Messika Embraces Crypto Payments Globally. Messika, the Parisian fine jewelry brand, now accepts cryptocurrency payments across its boutiques and online store, embracing bitcoin, ether, USDT, and solana through a seamless integration with Lunu Messika Now Accepts Bitcoin and Other Cryptocurrencies Worldwide$BTC $ETH $SOL #BitcoinHolder
Parisian Jeweler Messika Embraces Crypto Payments Globally.

Messika, the Parisian fine jewelry brand, now accepts cryptocurrency payments across its boutiques and online store, embracing bitcoin, ether, USDT, and solana through a seamless integration with Lunu

Messika Now Accepts Bitcoin and Other Cryptocurrencies Worldwide$BTC $ETH $SOL
#BitcoinHolder
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The US government is investing heavily in cryptocurrencies! According to the latest data, the United States now holds 198,109 bitcoins and 54,753 ethers, representing a crypto portfolio worth billions of dollars. This strategic move could shake up the market, encourage other countries to follow suit, and boost investor confidence. #BitcoinHolder {future}(BTCUSDT) {spot}(ETHUSDT)
The US government is investing heavily in cryptocurrencies!
According to the latest data, the United States now holds 198,109 bitcoins and 54,753 ethers, representing a crypto portfolio worth billions of dollars.
This strategic move could shake up the market, encourage other countries to follow suit, and boost investor confidence. #BitcoinHolder
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Bullish
What Level It Must Hold to Stay Bullish Bitcoin’s price has lost its momentum and has retraced by several grand in the past day or so, but it’s still above a key support level. Ali Martinez, the popular crypto analyst with almost 120,000 followers on X, noted that the bull run is still intact as long as the cryptocurrency remains above $98,000. The primary cryptocurrency experienced massive volatility at the start of the week, as it plunged by over $6,000 on Monday morning to under $100,000 before it exploded out of the gate to a new all-time high above $109,000. This all transpired ahead of Donald Trump’s inauguration, and when that arrived, BTC slumped, as he had failed to mention the industry even once. Nevertheless, the $100,000 support held and bitcoin bounced off toward $107,000. However, the bears stopped the asset’s ascent at that point and pushed it south by a few grand in the past day. Just a few hours ago, the cryptocurrency tested $104,000 but has remained above it. Despite this $3,000 price drop in a day, BTC’s bull run will continue as long as it remains above $98,000, said Martinez. He outlined that level as particularly important for the asset due to the massive accumulation point it has become. More than 101,000 BTC (valued at $10.5B at today’s prices) were purchased at around that line, which turned it into a ‘crucial’ support. Typically, investors, especially those who have arrived at the scene more recently, tend to dispose of their holdings if they see the price tumble below their entry level. #bitcoin #BTC #BitcoinHolder #CryptoMarket #CryptoNews
What Level It Must Hold to Stay Bullish

Bitcoin’s price has lost its momentum and has retraced by several grand in the past day or so, but it’s still above a key support level.

Ali Martinez, the popular crypto analyst with almost 120,000 followers on X, noted that the bull run is still intact as long as the cryptocurrency remains above $98,000.

The primary cryptocurrency experienced massive volatility at the start of the week, as it plunged by over $6,000 on Monday morning to under $100,000 before it exploded out of the gate to a new all-time high above $109,000.

This all transpired ahead of Donald Trump’s inauguration, and when that arrived, BTC slumped, as he had failed to mention the industry even once. Nevertheless, the $100,000 support held and bitcoin bounced off toward $107,000.

However, the bears stopped the asset’s ascent at that point and pushed it south by a few grand in the past day. Just a few hours ago, the cryptocurrency tested $104,000 but has remained above it.

Despite this $3,000 price drop in a day, BTC’s bull run will continue as long as it remains above $98,000, said Martinez. He outlined that level as particularly important for the asset due to the massive accumulation point it has become.

More than 101,000 BTC (valued at $10.5B at today’s prices) were purchased at around that line, which turned it into a ‘crucial’ support.

Typically, investors, especially those who have arrived at the scene more recently, tend to dispose of their holdings if they see the price tumble below their entry level.

#bitcoin #BTC #BitcoinHolder #CryptoMarket #CryptoNews
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Bullish
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$BTC in my chart it is normal for it to fall to around 85k. I am not entirely bearish yet, I believe it has a correlation with the American stock market and any correction will still affect it. I consider it important to maintain these levels, there are still whales coming in. I will not sell my position while holding $BTC {spot}(BTCUSDT) #BitcoinHolder
$BTC in my chart it is normal for it to fall to around 85k. I am not entirely bearish yet, I believe it has a correlation with the American stock market and any correction will still affect it.

I consider it important to maintain these levels, there are still whales coming in. I will not sell my position while holding $BTC
#BitcoinHolder
Meet Bitcoin’s Biggest Players: The Top 10 Holders Commanding Nearly 15% of the Circulating Supply As of Dec. 7, 2024, at 3:25 p.m. EDT, bitcoin (BTC) is trading at $100,297 per coin, making it the seventh-largest asset globally by market capitalization, with a total valuation of $1.98 trillion. Before stepping into 2025, here’s an in-depth look at the top ten entities holding bitcoin and their stakes. $294 Billion in Bitcoin: Exploring the Key Players Shaping the Market Bitcoin etched its name in the history books this week, crossing the $100,000 mark for the first time and hitting a peak of $103,647 on Dec. 4. While it briefly dipped below six figures, by Saturday afternoon, just after 3 p.m., bitcoin had climbed back above the $100,000 threshold. At block height 873,693, there are currently around 19,792,573.94 BTC circulating in the market. Over the past year, the introduction of spot bitcoin exchange-traded funds (ETFs) in the U.S. has stirred up ownership dynamics. Based on data from timechainindex.com, Coinbase ranks as the largest single holder of bitcoin (BTC). It’s important to mention that this analysis excludes the unspent block rewards from early years—2009 (including Satoshi’s holdings), 2010, 2011, 2012, and beyond. As it stands, the San Fransico exchange and custodian Coinbase (Nasdaq: COIN) holds 1,123,520.49 BTC, valued at more than $112 billion, according to visible onchain data from timechainindex.com. Coming in second is Binance, the centralized crypto exchange, which, as of Dec. 7, holds 686,997.40 BTC, worth a staggering $68.9 billion. Next on the list, according to blockchain parser data, is Blackrock. The firm’s ETF, dubbed IBIT, secures third place with 520,861 BTC, valued at $52.2 billion at today’s rates. In fourth is the publicly traded company Microstrategy (Nasdaq: MSTR), holding 402,099.99 BTC, worth $40.3 billion. Following closely is the centralized crypto exchange Bitfinex, which rounds out the top five with 350,262.05 BTC, #BitcoinHolder #AltcoinSeason #cryptomarket #cryptocurrency #CryptoNews
Meet Bitcoin’s Biggest Players: The Top 10 Holders Commanding Nearly 15% of the Circulating Supply

As of Dec. 7, 2024, at 3:25 p.m. EDT, bitcoin (BTC) is trading at $100,297 per coin, making it the seventh-largest asset globally by market capitalization, with a total valuation of $1.98 trillion.

Before stepping into 2025, here’s an in-depth look at the top ten entities holding bitcoin and their stakes.

$294 Billion in Bitcoin: Exploring the Key Players Shaping the Market

Bitcoin etched its name in the history books this week, crossing the $100,000 mark for the first time and hitting a peak of $103,647 on Dec. 4.

While it briefly dipped below six figures, by Saturday afternoon, just after 3 p.m., bitcoin had climbed back above the $100,000 threshold. At block height 873,693, there are currently around 19,792,573.94 BTC circulating in the market.

Over the past year, the introduction of spot bitcoin exchange-traded funds (ETFs) in the U.S. has stirred up ownership dynamics.
Based on data from timechainindex.com, Coinbase ranks as the largest single holder of bitcoin (BTC).

It’s important to mention that this analysis excludes the unspent block rewards from early years—2009 (including Satoshi’s holdings), 2010, 2011, 2012, and beyond.

As it stands, the San Fransico exchange and custodian Coinbase (Nasdaq: COIN) holds 1,123,520.49 BTC, valued at more than $112 billion, according to visible onchain data from timechainindex.com.

Coming in second is Binance, the centralized crypto exchange, which, as of Dec. 7, holds 686,997.40 BTC, worth a staggering $68.9 billion.

Next on the list, according to blockchain parser data, is Blackrock. The firm’s ETF, dubbed IBIT, secures third place with 520,861 BTC, valued at $52.2 billion at today’s rates.

In fourth is the publicly traded company Microstrategy (Nasdaq: MSTR), holding 402,099.99 BTC, worth $40.3 billion.

Following closely is the centralized crypto exchange Bitfinex, which rounds out the top five with 350,262.05 BTC,

#BitcoinHolder #AltcoinSeason #cryptomarket #cryptocurrency #CryptoNews
JUST IN: Michael Saylor's 'Strategy' buys another 6,911 Bitcoin worth $584 million. Michael saylor is continuously buying $BTC currently michael saylor is holding upto 17,732 $BTC Michael Saylor The founder and chairman of MicroStrategy revealed in an October 2020 tweet that he personally held 17,732 BTC. It is reasonable to assume that he has since acquired more—being such a public Bitcoin Bull—but this is the only mention of his personal stash. #michaelsaylor #PARTIHODLerAirdrop #BitcoinHolder {spot}(BTCUSDT)
JUST IN: Michael Saylor's 'Strategy' buys another 6,911 Bitcoin worth $584 million.
Michael saylor is continuously buying $BTC currently michael saylor is holding upto

17,732 $BTC
Michael Saylor

The founder and chairman of MicroStrategy revealed in an October 2020 tweet that he personally held 17,732 BTC. It is reasonable to assume that he has since acquired more—being such a public Bitcoin Bull—but this is the only mention of his personal stash.
#michaelsaylor #PARTIHODLerAirdrop #BitcoinHolder
Bitcoin Long-Term Holders Accumulate 167K BTC After March Crash – First Net Buying of 2025Bitcoin’s long-term holders are showing renewed confidence despite the recent market turbulence. Data from the on-chain analytics platform Glassnode reveals that the BTC: Long-term holder net position change metric has turned positive for the first time in 2025. This signals that long-term investors are buying Bitcoin at a large scale, taking advantage of the lower prices following the sharp sell-off in March. Bitcoin’s March Crash Creates Buying Opportunity Bitcoin’s price saw a sharp correction earlier this month, falling from over $90,000 to around $80,000 in a rapid sell-off. The drop led to widespread liquidations, primarily among short-term traders who panicked as Bitcoin lost key support levels. However, long-term holders saw this price dip as an opportunity rather than a reason to exit. Glassnode’s data shows that long-term holders have increased their net Bitcoin holdings by more than 167,000 BTC in the past month. This influx is valued at nearly $14 billion, indicating that experienced investors are accumulating heavily while market sentiment among short-term traders remains weak. First Accumulation of 2025 At the beginning of 2025, the long-term holder net position change metric was in the red, meaning holders were selling more than they were accumulating. This trend has now flipped green, marking the first time this year that long-term Bitcoin holders are adding to their positions. Historically, when long-term holders start accumulating after a correction, it signals strong confidence in Bitcoin’s future price movement. Bitcoin ETFs Show Renewed Strength It’s not just long-term holders who are showing confidence in Bitcoin. Bitcoin exchange-traded funds (ETFs) have also started seeing net inflows after weeks of outflows. On March 17, spot Bitcoin ETFs saw a $274.6 million inflow, marking the largest single-day net inflow in 28 days.On March 18, another $209 million flowed into Bitcoin ETFs, showing continued investor confidence.This three-day streak of inflows is the first sustained positive run since February 18. ETFs play a crucial role in Bitcoin’s market movements, as they allow institutional investors to gain exposure to BTC. The return of positive inflows suggests that big money investors are returning, further reinforcing bullish sentiment in the market. Is Bitcoin Ready for a Recovery? The timing of this shift from selling to accumulation among long-term holders is significant. Historically, similar accumulation patterns have been seen before significant price recoveries. This pattern was observed between August and September 2024, when Bitcoin’s price dipped but long-term holders bought aggressively before a rally. With both long-term holders and ETF investors showing renewed interest, Bitcoin could be setting up for another strong price movement in the coming weeks. At the time of writing, Bitcoin trades at $83,500, maintaining stability after the market correction. The post  appeared first on CryptosNewss.com #BitcoinHolder #BitcoinForecast {spot}(BTCUSDT) $BTC

Bitcoin Long-Term Holders Accumulate 167K BTC After March Crash – First Net Buying of 2025

Bitcoin’s long-term holders are showing renewed confidence despite the recent market turbulence. Data from the on-chain analytics platform Glassnode reveals that the BTC: Long-term holder net position change metric has turned positive for the first time in 2025. This signals that long-term investors are buying Bitcoin at a large scale, taking advantage of the lower prices following the sharp sell-off in March.
Bitcoin’s March Crash Creates Buying Opportunity
Bitcoin’s price saw a sharp correction earlier this month, falling from over $90,000 to around $80,000 in a rapid sell-off. The drop led to widespread liquidations, primarily among short-term traders who panicked as Bitcoin lost key support levels. However, long-term holders saw this price dip as an opportunity rather than a reason to exit.
Glassnode’s data shows that long-term holders have increased their net Bitcoin holdings by more than 167,000 BTC in the past month. This influx is valued at nearly $14 billion, indicating that experienced investors are accumulating heavily while market sentiment among short-term traders remains weak.
First Accumulation of 2025
At the beginning of 2025, the long-term holder net position change metric was in the red, meaning holders were selling more than they were accumulating. This trend has now flipped green, marking the first time this year that long-term Bitcoin holders are adding to their positions. Historically, when long-term holders start accumulating after a correction, it signals strong confidence in Bitcoin’s future price movement.
Bitcoin ETFs Show Renewed Strength
It’s not just long-term holders who are showing confidence in Bitcoin. Bitcoin exchange-traded funds (ETFs) have also started seeing net inflows after weeks of outflows.
On March 17, spot Bitcoin ETFs saw a $274.6 million inflow, marking the largest single-day net inflow in 28 days.On March 18, another $209 million flowed into Bitcoin ETFs, showing continued investor confidence.This three-day streak of inflows is the first sustained positive run since February 18.
ETFs play a crucial role in Bitcoin’s market movements, as they allow institutional investors to gain exposure to BTC. The return of positive inflows suggests that big money investors are returning, further reinforcing bullish sentiment in the market.
Is Bitcoin Ready for a Recovery?
The timing of this shift from selling to accumulation among long-term holders is significant. Historically, similar accumulation patterns have been seen before significant price recoveries. This pattern was observed between August and September 2024, when Bitcoin’s price dipped but long-term holders bought aggressively before a rally.
With both long-term holders and ETF investors showing renewed interest, Bitcoin could be setting up for another strong price movement in the coming weeks. At the time of writing, Bitcoin trades at $83,500, maintaining stability after the market correction.

The post  appeared first on CryptosNewss.com
#BitcoinHolder #BitcoinForecast

$BTC
# HOW TO TRADE BTC, ETH AND BNB? HIGH LEVEL CONCEPT. =} Trading BTC, ETH, and BNB involves a straightforward process: Choose a Platform: Use reliable exchanges like Binance, Coinbase, or Kraken. For decentralized trading, use Uniswap (ETH) or PancakeSwap (BNB). Set Up an Account: Register, complete KYC verification, and secure your account with 2FA. Deposit Funds: Add fiat money (via bank/card) or transfer cryptocurrencies to your account. Understand the Market: Analyze BTC, ETH, and BNB trends using technical indicators (RSI, MACD) and keep track of fundamental factors like news or ecosystem developments. Start Trading: Spot Trading: Buy low, sell high. Futures/Leverage: Trade contracts with leverage (high risk). Day/Swing Trading: Capitalize on short or medium-term price moves. Set Risk Management: Use stop-loss, take-profit orders, and only trade what you can afford to lose. Withdraw Profits: Transfer funds back to a secure wallet or bank. Stay updated on market trends, learn continuously, and refine your strategies to improve. Start small and trade responsibly to build experience. #BinanceHODLerMOVE #bitcoinholder #ethereum
# HOW TO TRADE BTC, ETH AND BNB? HIGH LEVEL CONCEPT.

=} Trading BTC, ETH, and BNB involves a straightforward process:

Choose a Platform: Use reliable exchanges like Binance, Coinbase, or Kraken. For decentralized trading, use Uniswap (ETH) or PancakeSwap (BNB).

Set Up an Account: Register, complete KYC verification, and secure your account with 2FA.

Deposit Funds: Add fiat money (via bank/card) or transfer cryptocurrencies to your account.

Understand the Market: Analyze BTC, ETH, and BNB trends using technical indicators (RSI, MACD) and keep track of fundamental factors like news or ecosystem developments.

Start Trading:

Spot Trading: Buy low, sell high.

Futures/Leverage: Trade contracts with leverage (high risk).

Day/Swing Trading: Capitalize on short or medium-term price moves.

Set Risk Management: Use stop-loss, take-profit orders, and only trade what you can afford to lose.

Withdraw Profits: Transfer funds back to a secure wallet or bank.

Stay updated on market trends, learn continuously, and refine your strategies to improve. Start small and trade responsibly to build experience.
#BinanceHODLerMOVE
#bitcoinholder
#ethereum
WARREN BUFFETT'S INVESTMENT STRATEGIES: A GUIDE TO VALUE INVESTINGWarren Buffett's Investment Strategies: A Guide to Value Investing $BTC $ETH $SOL Warren Buffett, often referred to as the "Oracle of Omaha," is one of the most successful investors in history. His investment philosophy, rooted in value investing, has guided him to amass a fortune and build a reputation for consistent, long-term returns. Here are some key principles of Buffett's investment strategies: 1. Value Investing Buffett follows the principles of value investing, a strategy popularized by his mentor, Benjamin Graham. Value investing involves finding undervalued stocks that are trading for less than their intrinsic value. Buffett looks for companies with strong fundamentals, such as solid earnings, low debt, and a competitive advantage in their industry. 2. Margin of Safety One of the core tenets of Buffett's strategy is the concept of a margin of safety. This means buying stocks at a price significantly below their intrinsic value to minimize the risk of loss. For example, if a stock is worth $100 but is trading at $70, the $30 difference provides a cushion against potential market fluctuations. 3. Quality Over Price Buffett believes in investing in high-quality companies at fair prices rather than settling for mediocre companies at bargain prices. He famously said, "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." This approach ensures that he invests in businesses with strong growth potential and reliable earnings. 4. Long-Term Focus Buffett is known for his long-term investment horizon. He prefers to hold onto stocks for decades, allowing the companies to grow and compound their earnings over time. This patience and commitment to long-term growth have been key factors in his success. 5. Avoiding Market Timing Buffett does not try to time the market. Instead, he focuses on the intrinsic value of the companies he invests in and remains indifferent to short-term market fluctuations. This approach helps him avoid the pitfalls of market timing and stick to his investment principles. 6. Management Evaluation Buffett places a high emphasis on the quality of a company's management. He looks for capable and trustworthy managers who have a proven track record of making sound business decisions. A strong management team is crucial for the long-term success of any company. 7. Diversification While Buffett does not advocate for excessive diversification, he believes in spreading investments across different industries to mitigate risk. However, he prefers to focus on a concentrated portfolio of high-quality companies that he understands well. 8. Philosophy of Patience Buffett's investment strategy is built on patience and discipline. He waits for the right opportunities and does not rush into investments based on market hype or short-term trends. This patience allows him to make well-informed decisions and avoid impulsive actions. Conclusion Warren Buffett's investment strategies have stood the test of time and continue to inspire investors around the world. By focusing on value, quality, and long-term growth, Buffett has demonstrated that a disciplined and patient approach to investing can yield substantial returns. Whether you're a novice investor or a seasoned pro, there's much to learn from the Oracle of Omaha's timeless wisdom. #xrp #MarketRebound #MicroStrategyInNasdaq100 #BTCNextMove #BitcoinHolder

WARREN BUFFETT'S INVESTMENT STRATEGIES: A GUIDE TO VALUE INVESTING

Warren Buffett's Investment Strategies: A Guide to Value Investing
$BTC $ETH $SOL

Warren Buffett, often referred to as the "Oracle of Omaha," is one of the most successful investors in history. His investment philosophy, rooted in value investing, has guided him to amass a fortune and build a reputation for consistent, long-term returns. Here are some key principles of Buffett's investment strategies:
1. Value Investing
Buffett follows the principles of value investing, a strategy popularized by his mentor, Benjamin Graham. Value investing involves finding undervalued stocks that are trading for less than their intrinsic value. Buffett looks for companies with strong fundamentals, such as solid earnings, low debt, and a competitive advantage in their industry.
2. Margin of Safety
One of the core tenets of Buffett's strategy is the concept of a margin of safety. This means buying stocks at a price significantly below their intrinsic value to minimize the risk of loss. For example, if a stock is worth $100 but is trading at $70, the $30 difference provides a cushion against potential market fluctuations.
3. Quality Over Price
Buffett believes in investing in high-quality companies at fair prices rather than settling for mediocre companies at bargain prices. He famously said, "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." This approach ensures that he invests in businesses with strong growth potential and reliable earnings.
4. Long-Term Focus
Buffett is known for his long-term investment horizon. He prefers to hold onto stocks for decades, allowing the companies to grow and compound their earnings over time. This patience and commitment to long-term growth have been key factors in his success.
5. Avoiding Market Timing
Buffett does not try to time the market. Instead, he focuses on the intrinsic value of the companies he invests in and remains indifferent to short-term market fluctuations. This approach helps him avoid the pitfalls of market timing and stick to his investment principles.
6. Management Evaluation
Buffett places a high emphasis on the quality of a company's management. He looks for capable and trustworthy managers who have a proven track record of making sound business decisions. A strong management team is crucial for the long-term success of any company.
7. Diversification
While Buffett does not advocate for excessive diversification, he believes in spreading investments across different industries to mitigate risk. However, he prefers to focus on a concentrated portfolio of high-quality companies that he understands well.
8. Philosophy of Patience
Buffett's investment strategy is built on patience and discipline. He waits for the right opportunities and does not rush into investments based on market hype or short-term trends. This patience allows him to make well-informed decisions and avoid impulsive actions.
Conclusion
Warren Buffett's investment strategies have stood the test of time and continue to inspire investors around the world. By focusing on value, quality, and long-term growth, Buffett has demonstrated that a disciplined and patient approach to investing can yield substantial returns. Whether you're a novice investor or a seasoned pro, there's much to learn from the Oracle of Omaha's timeless wisdom.
#xrp #MarketRebound #MicroStrategyInNasdaq100 #BTCNextMove
#BitcoinHolder
What Level It Must Hold to Stay BullishBitcoin’s price has lost its momentum and has retraced by several grand in the past day or so, but it’s still above a key support level. Ali Martinez, the popular crypto analyst with almost 120,000 followers on X, noted that the bull run is still intact as long as the cryptocurrency remains above $98,000. The primary cryptocurrency experienced massive volatility at the start of the week, as it plunged by over $6,000 on Monday morning to under $100,000 before it exploded out of the gate to a new all-time high above $109,000. This all transpired ahead of Donald Trump’s inauguration, and when that arrived, BTC slumped, as he had failed to mention the industry even once. Nevertheless, the $100,000 support held and bitcoin bounced off toward $107,000. However, the bears stopped the asset’s ascent at that point and pushed it south by a few grand in the past day. Just a few hours ago, the cryptocurrency tested $104,000 but has remained above it. Despite this $3,000 price drop in a day, BTC’s bull run will continue as long as it remains above $98,000, said Martinez. He outlined that level as particularly important for the asset due to the massive accumulation point it has become. More than 101,000 BTC (valued at $10.5B at today’s prices) were purchased at around that line, which turned it into a ‘crucial’ support. Typically, investors, especially those who have arrived at the scene more recently, tend to dispose of their holdings if they see the price tumble below their entry level. #bitcoin #BTC #BitcoinHolder #CryptoMarket #CryptoNews

What Level It Must Hold to Stay Bullish

Bitcoin’s price has lost its momentum and has retraced by several grand in the past day or so, but it’s still above a key support level.
Ali Martinez, the popular crypto analyst with almost 120,000 followers on X, noted that the bull run is still intact as long as the cryptocurrency remains above $98,000.

The primary cryptocurrency experienced massive volatility at the start of the week, as it plunged by over $6,000 on Monday morning to under $100,000 before it exploded out of the gate to a new all-time high above $109,000.
This all transpired ahead of Donald Trump’s inauguration, and when that arrived, BTC slumped, as he had failed to mention the industry even once. Nevertheless, the $100,000 support held and bitcoin bounced off toward $107,000.

However, the bears stopped the asset’s ascent at that point and pushed it south by a few grand in the past day. Just a few hours ago, the cryptocurrency tested $104,000 but has remained above it.
Despite this $3,000 price drop in a day, BTC’s bull run will continue as long as it remains above $98,000, said Martinez. He outlined that level as particularly important for the asset due to the massive accumulation point it has become.

More than 101,000 BTC (valued at $10.5B at today’s prices) were purchased at around that line, which turned it into a ‘crucial’ support.
Typically, investors, especially those who have arrived at the scene more recently, tend to dispose of their holdings if they see the price tumble below their entry level.

#bitcoin #BTC #BitcoinHolder #CryptoMarket #CryptoNews
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