Is the Crypto market entering an uptrend or is it just a temporary FOMO effect and a manipulation scenario by market makers? Can Bitcoin continue to reach an all-time high?
Surely many are holding coins, holding USDT without doing anything, or there are those who are FOMO... all are questioning the market, right?
I'm the same, I’ve closed many positions for certain reasons that make me worried, as well as taking profits to optimize gains. In this article, I want to share some issues that I see as problematic and concerning, highlighting some key points...
1. Coincidentally, every time BTC hits an ATH, a series of dormant wallets wake up. This time, a series of "Ancient Bitcoin Holdings" wallets have awakened after 14 years, not to mention countless wallets that have been inactive for 10-12 years... right at the moment Bitcoin is around 106-108k and BTC is pushing straight up to 118k at the current time. (History from 2017 and 2021 is exactly the same, the memories are still there) ==) Those wallets are worth over 8 billion $ and have transferred BTC