Post
Topic
Board Speculation
Re: Whales are accumulating bitcoin
by
Samlucky O
on 14/12/2024, 04:48:45 UTC
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%.
That's actually true, although this thread was created when bitcoin was getting close to $70k bjtvas we can see now bitcoin is above $100k staggering around $100k -$103k. We can see the sudden price push from $69k to $100k during Trump win, this shows a sign that bitcoin is emulating the speed of 2020 to 2021 as you said.  Even though it didn't grow as it was back in the 2020, but it is doing pretty well compared to early part of the Year.