Guys, have you encountered this news, Bitcoin Whales Start New Phase Of Accumulation, Kraken Foresees High Volatility? How about this one, Bitcoin Whales Holding 100-1,000 BTC are Accumulating: US Exchange, If yes, could you please share your thought? Thanks.
After in March, bitcoin fell in price to five thousand dollars, whales already have the opportunity to accumulate bitcoins, owning significant free funds.
We understand that the fall of bitcoin is caused only by the fact that many cryptocurrency holders in quarantine conditions do not have enough cash and they are forced to spend cryptocurrency. At the same time, the spread of coronavirus will end and the cryptocurrency market will still grow.