The average purchase price of whales who bought BTC less than 155 days ago:
👉 allows you to get an idea of the trend (bullish if the price is beyond the purple curve)
👉 serves as support/resistance depending on the trend
Bitcoin is in an uptrend, and in the event of a sharp decline, major market players could support the price. The purple line is around $105,000...
📊 Right now, we're in conditions equivalent to the 2021 bull run. BULLISH!#BinanceHODLerTOWNS #BTCReserveStrategy #MarketRebound #ProjectCrypto #TrumpTariffs $BTC $ETH