Shopping whales increased because Bitcoin fought below $ 80,000

While sales panic saw that Bitcoinov would appreciate below $ 80,000, whales who wanted to use the potential opportunity aggressively accumulated over 65,000 BTCs.
11. Marta, as Bitcoin (Btc) Struggles near $ 80,000, on a chain platform and analyzing platforms Criptokuant partial details that show that they are big owners, named whales, were busy with purchases cheap during the previous month.
Cryptocuant chain data indicate that despite sales pressure leaves small owners in wreck mode, Bitcoin whales used a return of 16% in the past 30 days to accomplish more than 65,000 BTCs.
https://twitter.com/criptokuant_com/status/1899464577966018585
“Although this does not mean immediate effects on the short-term price, but shows the absorption of large participants, excluding miners and exchanges,” Caue Oliveira, the chain of research and analyst on the chain on BlockTrand, noticed.
The continuation of this accumulation form will signal the demand of large holders during the coming weeks. Shit purchase often signaled a bikar view, and in the recent past, accumulation of accumulation that passed in the cycle of the Bull of Past and December.
However, the action of the lower side may not be over yet. Bitcoin miners are increasingly going for pressure as BTC.
After struck at all of the weather high of $ 109,000, Bitcoin fought with the pressure below. Key bounces stopped on the supply of return zones, including a psychological level of $ 100,000. This weakness became a miner in “Forced dealers“Adding path path.
With markets reacts negatively to tariffs Other events, analysts say Bitcoin could be further enrolled. Significantly, Bitcoin restarted the support level below 78K, with bloodstream probably if it descends lower to touch $ 75K.
Arthur Haies, co-founder and former CEO Bitmek, suggested that extring cryptocurrency could reconsider an area of 70 thousand dollars. This would be a correction of 36% of all the high time of Bitcoin, noticed.
Still, Haies still remains Bullish long-term, looking at the landfill as a chance to accumulate more. But investors may need to stay patient.
“Traders will try to buy DIP, if you take more risk, wait for central banks then scheduling more capital, but you will not have a long period of lateral and potential unrealized losses,” Haies published on X.
At 11:40, Eastern Time was ongoing, 11. March, Bitcoin traded about $ 81,220, was slightly recovered from her intra of low 76,780 dollars.
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2025-03-11 19:56:00