Quote from: Ultegra134 on October 24, 2024, 10:01:29 PM

Quote from: Questat on October 24, 2024, 09:25:22 PM

Regardless of the season, new and old whales will find ways to accumulate vast amount of bitcoin. So even if bull run is here to come, that won't stop them from accumulating more bitcoin by trying to create some fuds that will affect the price and that's when they will take advantage and buy massive amount.

While those regular investors cannot relate to this, but big whales have their own ways on how they can take an edge in the market and buy bitcoin at a massive.

Although it's not necessarily an indicator that something is happening, I'm guessing that the whales are on to something. A few weeks ago I wasn't confident that Bitcoin was capable of surpassing its previous ATH, but now it's something that looks quite possible. Bitcoin almost reached $70,000 a few days ago, something which sparked my interest because the past few months have been quite stable, barely surpassing $65,000. There's still a possibility of a bull market till 2025.

Well it could be that they are preparing themselves for a big rally, or maybe they are just whales, trying to out buy everyone and have a lot of Bitcoin at their disposal because we all know that sooner or later, we are going to hit new all time high again.

It's not that there is a possibility of a bull market in 2025, we are in the bull market already. Although it could be a different bull run since we have hit new all time high prior to the halving itself. But still we are very positive that somewhere next year, we might be really seeing a 6 digit price of Bitcoin.