Bitcoin [BTC] is finally seeing green, but what role did the whales play

After what can be considered a long and never-ending wait, Bitcoin [BTC] managed to find some green pastures on the charts finally. This sparked joy within the crypto-community as investors and enthusiasts were expecting a breakout soon. Apart from this, several other interesting developments acted in favor of the king coin. Here’s AMBCrypto’s Price Prediction […]

revealed that Bitcoin’s exchange reserves continued to fall. This confirmed lower selling pressure.

Moreover, BTC’s Market Value to Realized Value Ratio, along with volume, also went up recently. This indicated a sustained uptick in the days to come.’s price to rise on the charts again. However, a few metrics did suggest otherwise. For instance, BTC’s net deposits on exchanges were high, compared to the seven-day average. This was a bear signal, one confirming higher selling pressure. Moreover, BTC’s reserve risk also went up, indicating that it was not the right time to invest whole-heartedly.Subscribe to get it daily in your inbox.

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