#BTCWhaleMovement Second Vinicius Bazan, CEO of Underblock, it is important to remember that bitcoin had its highest monthly closing level in history at US$ 107 thousand on June 30. "This is important because we tend to see the strength of a movement being renewed over time," he highlights.

Bazan also states that bitcoin has a dominance (market value relative to the total of other cryptocurrencies) of around 65% and the probability of rising to 70%, showing that the flow is still concentrated in bitcoin, without a widespread rise in altcoins. "The main point is that bitcoin is breaking a consolidation with the expectation of reaching US$ 115 thousand," he points out.