Bitcoin

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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/analyst-suggests-bitcoin-whales-are-accumulating/" data-wpel-link="internal">Analyst Suggests Bitcoin Whales Are Accumulating</a><br></p>
<p style="text-align: justify"><a href="https://coin-turk.com/analizleri-olay-olan-analist-bitcoinde-son-sozunu-soyledi" data-wpel-link="internal">Bitcoin</a> and <strong>cryptocurrency</strong> market watchers closely follow whale activities. Particularly, their transfers to exchanges can cause investor anxiety and affect the market. However, if whales withdraw from exchanges, it’s understood that they are accumulating.</p> 
<h2 style="text-align: justify" id="analyst-says-bitcoin-whales-are-building-up-their-holdings">Analyst Says Bitcoin Whales Are Building Up Their Holdings</h2> 
<p style="text-align: justify">Analyst Ali Martinez, known in the <strong>crypto</strong> market for his posts on platform X, today focused on whale movements. The analyst points out a correlation, offering significant insights to investors.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-322940 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/btc-bitcoin-coin-turk-.png" alt="" width="1911" height="894"></p> 
<p style="text-align: justify">According to the analyst, the number of individuals or organizations holding a thousand or more <strong><a href="https://coin-turk.com/bitcoinde-savas-basladi-kazanan-ayilar-mi-olacak-bogalar-mi-kazanclar-kisa-mi-surecek-iste-cevaplar" data-wpel-link="internal">BTC</a></strong> has increased in parallel with <a href="https://en.coin-turk.com/bitcoins-surge-amid-etf-excitement-and-market-dynamics/" data-wpel-link="internal">Bitcoin</a>‘s rising price. This situation is striking and also fascinating, the analyst notes.</p> 
<p style="text-align: justify">What’s fascinating, according to the analyst, lies within the whales themselves. They are not selling the Bitcoin they have acquired. They are in a frenzy of accumulation and seem to want even more Bitcoin.</p> 
<h2 style="text-align: justify" id="as-bitcoin-halving-approaches">As Bitcoin Halving Approaches</h2> 
<p style="text-align: justify">As the Bitcoin halving approaches, whales accumulating Bitcoin allows predictions about the future price direction in the crypto market. The fact that whales are not selling their Bitcoin but accumulating more suggests they expect the price to rise.</p> 
<p style="text-align: justify">Today’s Bitcoin price peak of $67,524, the highest in 2024, can be seen as a reflection of the expectation for a price increase. Analyst van de Poppe evaluated this rise today and emphasized that we are at the beginning of the cycle in response to investor questions about whether to enter at these levels.</p> 
<p style="text-align: justify"><a href="https://coin-turk.com/canli-fed-baskani-konusuyor-kripto-paralar-btc-yukselecek-mi" data-wpel-link="internal">The flagship cryptocurrency</a>, Bitcoin, if it rises another 3% from today’s level, will surpass its past record of $69,000. Today, Bitcoin has already set an all-time high against the <strong>Euro</strong>. The only fiat currency against which <a href="https://en.coin-turk.com/bitcoin-enters-high-risk-zone-indicating-possible-bull-market-start/" data-wpel-link="internal">BTC</a> hasn’t set a record is the dollar. However, a new dollar record could be imminent. We’ll see when Bitcoin will reach and exceed the $69,000 mark.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/analyst-suggests-bitcoin-whales-are-accumulating/" data-wpel-link="internal">Analyst Suggests Bitcoin Whales Are Accumulating</a></h5>

Analyst Suggests Bitcoin Whales Are Accumulating

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