said_bel17
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Bullish
Last time, the price of gold rose significantly with the increase in global liquidity after re-testing...
A total of $BTC was launched with 500%🚀
I do not limit myself to technical analysis only, but I also provide you with a considerable margin for fundamental analysis so that you can enter your trades with high professionalism.
In another context, BlackRock increased its holdings of Bitcoin to 2.77% of the total supply, after purchasing $1.2 billion worth of Bitcoin this week alone.
🥇 The largest Bitcoin withdrawal from exchanges, what could this lead to?
Investors are withdrawing Bitcoin in large quantities from cryptocurrency exchanges - in terms of volume, this is the largest outflow of Bitcoin since February 2023. These movements usually indicate that major holders of $BTC have started accumulating it, meaning they are moving it from exchanges to their personal wallets, expecting a price rise in the medium to long term.
And although we expect a downward price movement for Bitcoin in the coming days, we do not overlook such news and events that implicitly indicate that the crazy rise in Bitcoin is inevitable because the holders of the currency are not random, and they certainly see that holding an asset like Bitcoin has become safer, more reliable, and more attractive, especially as it ranks fifth in terms of the highest market value assets.
I hope this is helpful for you, so don’t forget to follow me.
A total of $BTC was launched with 500%🚀
I do not limit myself to technical analysis only, but I also provide you with a considerable margin for fundamental analysis so that you can enter your trades with high professionalism.
In another context, BlackRock increased its holdings of Bitcoin to 2.77% of the total supply, after purchasing $1.2 billion worth of Bitcoin this week alone.
🥇 The largest Bitcoin withdrawal from exchanges, what could this lead to?
Investors are withdrawing Bitcoin in large quantities from cryptocurrency exchanges - in terms of volume, this is the largest outflow of Bitcoin since February 2023. These movements usually indicate that major holders of $BTC have started accumulating it, meaning they are moving it from exchanges to their personal wallets, expecting a price rise in the medium to long term.
And although we expect a downward price movement for Bitcoin in the coming days, we do not overlook such news and events that implicitly indicate that the crazy rise in Bitcoin is inevitable because the holders of the currency are not random, and they certainly see that holding an asset like Bitcoin has become safer, more reliable, and more attractive, especially as it ranks fifth in terms of the highest market value assets.
I hope this is helpful for you, so don’t forget to follow me.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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