⭐⭐Attention: Whales in Bitcoin Have Become Very Aggressive! The CEO of the Analysis Company Announced Their Expectations! ⭐⭐

Cryptocurrency analysis firm Alphractal and its CEO Joao Wedson released a striking analysis regarding the recent market movements of Bitcoin (BTC).

According to the analysis, large investors – that is, whales – have begun to make aggressive purchases in the market again. According to the data provided by Alphractal, the 7-day Open Position Delta indicator for Bitcoin has turned positive again. This situation indicates that whales are opening new positions with an expectation of a rise. The "Whale Position Sentiment" indicator monitored by the company also confirms this trend.

CEO Joao Wedson states that Bitcoin has started to form a new support zone after reaching the level of 108 thousand dollars. In technical analysis, he expresses that this level has formed a structure known as the "last support point" (LPS), and he says that the target could be 113 thousand dollars in the short term. He also emphasizes that as long as the price does not remain horizontal, short positions carry risks.

On the other hand, analyses on the mining side have determined that the BTC.com mining pool is the source that sends the most Bitcoin to the Binance exchange. However, there has been a significant decrease in this flow recently. According to Wedson, this situation indicates that miners expect the price to rise and that selling pressure has weakened.

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