Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: ShadowCrypto on May 09, 2020, 07:30:22 AM

Title: Bitcoin whales started to accumulate before halving
Post by: ShadowCrypto on May 09, 2020, 07:30:22 AM

According to a report by the crypto analytics platform Santiment (https://insights.santiment.net/read/btc-price-prediction-before-and-after-the-halvening-5767), Bitcoin whales bought BTC in increasing quantities last week, in a potential bid to raise the price before the May 12 halving.

Title: Re: Bitcoin whales started to accumulate before halving
Post by: Jaguar on May 09, 2020, 08:53:07 AM

Whales club can do the impossible in crypto to possible. They could control or what I mean is manipulate bitcoin according to their timeline. Assuming they want to say to crypto people hope is certain and interest is near don't leave bitcoin or cryptocurrency

Title: Re: Bitcoin whales started to accumulate before halving
Post by: sampoerna on May 21, 2020, 11:54:28 PM

Indeed the will prepare their assets by buying more before halving but I think it is not really effective since there is no significant increase after halving. So, those whales probably just keep their Bitcoins bought before halving in the wallets. I think they are waiting for a big increase now.