I want to share my thoughts with you on the fact that many overlook the volumes that were present from July 2022 to March 2023 in the Bitcoin market; something important was happening that many simply did not notice. During this period, trading volumes reached 10 million BTC per month — these are huge numbers that are hard to ignore. But interestingly, such volumes have not been seen since, and this says a lot.
Why is this important?
Such massive purchases could not have been the work of ordinary traders or small investors. This is clearly the work of large institutional players. They entered the market quietly, without unnecessary noise, to avoid provoking a sharp price increase. And it worked — the market remained relatively calm, and most participants simply did not pay attention to these signals.
When did I realize that something was changing in the market?
In November 2022, when the price of Bitcoin dropped to around $15,000, I noticed these huge volumes of purchases. This was one of the key factors that prompted me to enter the market at $15,700. Observing such a scale of purchases, I understood: someone big is entering the game. At that moment, I felt that this was not just a correction, but the beginning of a new bull cycle.
And the confirmation did not take long to arrive.
By the end of 2023, news began to emerge that BlackRock wanted to invest in Bitcoin, and at that moment, the price was already around $44,000.
For many, this was a sensation, but for me, it was confirmation of what I already knew: they had accumulated back in 2022. These huge volumes are their doing. They acted wisely: first, they built their positions, and then announced their plans to avoid hype and get in at better prices.
What does this mean for us now?
Since then, we have been in a bull market. The absence of large selling volumes confirms that institutions are in no hurry to lock in profits. As long as significant sales do not appear in the market, the bullish trend will continue its movement.
Motivation for those who doubt
If you feel uncertain due to market fluctuations — do not lose hope. Big players have already made their bets, and the market always rewards those who are patient and able to see the big picture. Big gains come to those who know how to wait. Do not let short-term movements throw you off your path. Be confident in your decisions, and your moment will surely come!