Hinaharap ng Bitcoin ang Bearish na Aktibidad Sa $28K Bilang Mga Kita ng Whales Eye – Magpapalitaw ba ang Presyo ng BTC ng Alon ng Aktibidad sa Pagbebenta?
Just when Bitcoin enthusiasts thought they were riding a wave to new heights, the cryptocurrency hit a snag at the $28,000 mark. After a bullish run that saw Bitcoin break out from a $26,000 consolidation phase, the digital asset is now facing a bearish reversal. Additionally, Bitcoin saw a surge in accumulation just hours prior to Grayscales victory over the SEC. Now, it appears that investors are scouting for opportunities to sell and capitalize on the profits generated by this rally. Bitcoin Faces Profit-Booking Sentiment Among Whales After Grayscale‘s legal win against the SEC, which fueled hope for the approval of spot Bitcoin ETFs, BTC’s price soared from $26,000 to nearly $28,184. However, this bullish surge was fleeting, as Bitcoin quickly encountered resistance at these higher levels, resulting in a 2% decline. Per data from Santiment, holders of wallets with a balance ranging from 10 to 10,000 BTC accumulated an impressive $388.3 million, or 14,596 BTC, just hours prior to the announcement. According to IntoTheBlock, the number of large transactions has increased from 9.27K to 16.49K after the BTC price traded above $27K yesterday. However, this spike in large transactions is not necessarily a bullish indicator; rather, it has contributed to creating bearish pressure