While Bitcoin has been trading in a $4,000 range for about 1 month, it is stated that Bitcoin whales determine prices in this process.
According to data from On-Chain data and analytics platform Whalemap, Bitcoin the price of whales for a long time directs them as they wish.
In the report published by Whalemap analysts on June 7, the movements of Bitcoin whales BTC/USD pair He stated that the movements he exhibited were quite similar.
According to many commentators, it is enough for investors who want to trade in a short range to follow the Bitcoin whales.
A Twitter called “CrediBULL Crypto” with more than 300 thousand followers user In a post he shared, a Binance whale 2 weeks all bottoms and marked the hills. CrediBull also said that the whale always buys low and sells high. Whale before final ascent $60 million at the level of 29,200 bought bitcoin.
While Bitcoin is in a certain range, in this process, the US stock markets to influence cryptocurrencies Many investors are reacting.
Bob Loukas, a cryptocurrency investor, said that due to rising inflation worldwide and the rapid growth of monetary woes. He does not expect any relief in stocks in the near term. told.