Acoording to a blockchain intelligence firm Arkham, a bitcoin whale has executed a substantial movement of over 31,000 Bitcoins (BTC) from their cold wallets. Will it influence the BTC price momentum negatively?
Whale Transaction History
After transferring 31000 bitcoins to cold wallet, worth over $822 million, they hold BTC in these two wallets:
20,000 BTC in 31pCdkyF6Ep8UkzpkWpv3SMbY...
Bitcoin (BTC) is at ten-week lows, but one longtime analyst is telling investors to ignore the “panic.”In a Twitter update on May 25, Philip Swift, creator of data resource LookIntoBitcoin and co-founder of trading suite Decentrader, eyed a BTC price breakout still in progress.Swift: "Bitcoin performing well and as expected"Bitcoin has not traded this low since mid-March, data from Cointelegraph Markets Pro and TradingView shows — and despi...
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Michael van de Poppe shared his predictions for BTC’s price in a tweet yesterday.
According to the trader, BTC reclaiming $26.6K will result in BTC accelerating toward highs in the short term.
At press time, BTC’s price remained below the key $27K mark and was trading at $26,252.95.
The popular crypto trader and analyst Michael van de Poppe recently tweeted the possible scenarios for Bitcoin (BTC) which he will be watching out...
