Bitcoin sees ‘non-stop’ end-of-year buying as 10K BTC leaves Coinbase in a single day

[newshunter]

Bitcoin sees ‘non-stop’ end-of-year buying as 10K BTC leaves Coinbase in a single day

Coinbase users appear hungry for coins as a trading firm forecasts a “major flippening” in BTC ownership coming in January.

Source: Bitcoin sees ‘non-stop’ end-of-year buying as 10K BTC leaves Coinbase in a single day

Would appreciate your opinion about this

[TomPluz]

This strong interest that is spilling into the first week of 2022 can be a good sign that there is a big possibility for BTC to reach a new ATH by around February. When retail and institutional investors are swarming in for Bitcoin, soon this can create a strong push for its price. Well, let's see if this trend can persist through the whole month of January because if it will then I could be confident to say that we might not be viewing the bears in the 1st quarter of the year. We should be optimistic and let's show that in the market.

[Bobcrypto]

Yeah, early year buying is a sign of a green market trends this year, and could be another turning point for a new All Time High. This is a welcome development, and will be a very exciting year, 2022. A steady buying shows a higher demand for Bitcoin and this will inturn drives the entire market pump.