Quote from: KTChampions on Today at 10:41:08 PM

Quote from: Lucius on Today at 11:59:48 AM

As has happened several times in the past month, and it may happen several more times before we can keep the price above $40 000. Simply at the moment this price is not sustainable because most large investors are no longer putting a lot of pressure on the market, while on the other hand they generally do not sell what they bought in recent months (of course there are exceptions).

The year has started great in terms of price, and certainly for all those who trade on the principle of "buy low, sell high" these regular price changes in the range of more than $10 000 are great for regular profit making.

The problem with tracking the actions of large investors is that they carry out OTC transactions and we cannot know what the real volumes of purchases are at those levels. I am sure that even the blockchain cannot help in this, since most likely they are not selling the bitcoins themselves, but the rights to them.

Don't make yourself worry about these OTC transactions as we won't know it.
But scalping these days, is really good. Those who know how to strategize can make good amount of money at short period of time.
Let us be grateful that bitcoin is above 30k now, only this year that we experience this price level.
Even if there is drop from time to time, still it goes above 30k, which is very nice for bitcoin market.