I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.
According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.
You can move this to the speculation board.
To answer your question, the bull run is already starting, we just need that final push to confirm it--breaking Bitcoin’s current ATH. Once that happens, we’ll see a true bull run. As for predicting the new ATH, it’s hard to pinpoint where it’ll peak, but of course, we can hope for $100k or more. History shows that what seems impossible before the bull run becomes much more achievable in a bull run.