Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on December 30, 2020, 07:00:50 PM

Title: Bitcoin whales are buying more aggressively since Christmas, data finds
Post by: newshunter on December 30, 2020, 07:00:50 PM

Bitcoin whales are buying more aggressively since Christmas, data finds

High-net-worth investors, or whales, have been buying Bitcoin more aggressively since Christmas, on-chain data show.

Source: Bitcoin whales are buying more aggressively since Christmas, data finds (https://cointelegraph.com/news/bitcoin-whales-are-buying-more-aggressively-since-christmas-data-finds)

Would appreciate your opinion about this

Title: Re: Bitcoin whales are buying more aggressively since Christmas, data finds
Post by: iloveyobit on December 30, 2020, 11:02:00 PM

Thats a good new for bitcoin and bad for altcoins because this means dominance will rise more and the volume will go to bitcoin more than altcoins , but in same time for bitcoin price i think we are going to see unexpectable prices very soon in the coming days , lets wait and see ..

Title: Re: Bitcoin whales are buying more aggressively since Christmas, data finds
Post by: Astra on December 30, 2020, 11:17:23 PM

The price of bitcoin has already gone up too much for one price impulse. Now it is $ 28,881. It seems to me that it is time to expect the next price correction. If the bitcoin price continues to rise after the New Year, it will be very interesting. However, I would not buy Bitcoin at such a high price anymore. There will still be a significant price correction.