Video Description
Whales Are Buying Bitcoin Under $50k – Here’s Why
With so much uncertainty in the market right now, are we going up from here, is it a bull trap, instead of me adding to the tumultuous amounts of opinions out there on what’s happening in the market, let’s look at what whales are actually doing. Aka the super rich. Are they accumulating, are they selling? Let’s find out… The Bitcoin miners as we know have not been good to us recently, at all. Selling massive amounts of their inventory for the past 2 months straight. They’re not great at timing the market, that’s clearly what they thought they were doing here. Coordinated miner selling has strong evidence of impacting the market quite severely. But recently they switched to a bit of accumulation. This is a massive 180 on their part and...
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