๐ Bitcoin price breaks $70,000, but the whales remain unmoved! ๐
๐ Giant in the Crypto Ocean
- Even as Bitcoin prices hit new records, the number of addresses with at least 1,000 BTC continues to increase, reaching 2,104 in early March.
- This growth was partly influenced by the US Bitcoin ETF increasing trading volumes.
๐ Bitcoin Whale Movement
- The whales' unwillingness to sell shows a strong belief in Bitcoin's further price rise.
- Interest from new investors and high demand from the BlackRock iShares Bitcoin Trust also add to the bullish sentiment.
๐ฎ Predict Waves
- Analysts predict a bullish future, with potential resistance levels at $70,160 and $74,381.
- The growing interest from institutional investors indicates increasingly widespread acceptance of Bitcoin.
๐ข Riding the Waves
- The role of Bitcoin whales is very important in determining market direction.
- With their holdings continuing to grow and no rush to sell, confidence in Bitcoin's long-term value is growing stronger.
๐ Ocean of Opportunities
- The cryptocurrency market continues to grow, with Bitcoin leading the way.
- The persistence of Bitcoin whales and positive market indicators promise a bright future for Bitcoin.