Bitcoin sharks scoop up BTC like it’s 2013 despite ‘perfect bull trap’

Bitcoin sharks scoop up BTC like it’s 2013 despite ‘perfect bull trap’

Bitcoin sharks scoop up BTC like it's 2013 despite 'perfect bull trap'

Several chartists warn that Bitcoin could decline toward $30,000 in February as the price action mirrors previous four-year cycles.

Bitcoin’s (BTC) 30% drawdown from all-time highs did little to deter large investors, who continued to increase their holdings throughout January.

Key takeaways:

Large holders are buying the dip, signaling long-term confidence.

Read more

About The Author

Please enter CoinGecko Free Api Key to get this plugin works.