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🚨 CryptoQuant: Bitcoin whales have accumulated 70,000 BTC in the last 30 days, and whales' demand for BTC has now increased by 4.4% per month.

🚨 CryptoQuant: Bitcoin whales have accumulated 70,000 BTC in the last 30 days, and whales' demand for BTC has now increased by 4.4% per month.

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Famous Analyst Markus Thielen Said Bitcoin Could Reach $83,000 and Pointed to This Date! Here are the Details. According to a bullish forecast by 10x Research, #Bitcoin (BTC) may be preparing for a significant rally that could reach $83,000 in the coming days. Analyst Predicts #Bitcoin Could Rise to $83 Thousand Markus Thielen, founder of 10x Research, suggests that Bitcoin is on the verge of completing a major bullish price formation on the daily chart. A breakout above $72,000 would confirm a breakout from the inverted head and shoulders pattern, which is characterized by three price troughs, with the deepest in the middle. This pattern typically indicates a downtrend reversal and signals an uptrend following a breakout. “It's only a matter of time before Bitcoin reaches its all-time high,” Thielen said. The head and shoulders pattern signals an imminent rally towards $83,000 with the resistance line likely to be broken in the next few days. "The ideal time to break this resistance is either today, Friday, June 7, or next week, Wednesday, June 12," he said. The bullish outlook comes ahead of critical US economic data that could impact expectations for a Federal Reserve rate cut. Economists polled by Bloomberg estimate the economy added 180,000 jobs in May, nearly matching April's gain of 175,000. While the unemployment rate is expected to remain at 3.9%, the median forecast for average hourly earnings is for a 0.3% increase from April, leading to a 12-month wage increase of 3.9% for the second month in a row. Weak economic data could strengthen the possibility of a Federal Reserve interest rate cut, increasing upward momentum in risk assets, including cryptocurrencies. Some investment banks predict that the central bank may renew liquidity expansion with an interest rate cut in July. $BTC
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Semler Scientific plans to buy another $150 million in Bitcoin. Semler Scientific a medical product manufacturer listed on Nasdaq , came to the fore when it added #Bitcoin (BTC) to its treasury last month. Now it has purchased another $17 million worth of #Bitcoin and may raise funds to buy another $150 million. On June 6, the company disclosed its latest Bitcoin purchase in an S-3 filing with U.S. securities authorities. While he first purchased only 581 Bitcoins on May 28, he now owns 828 Bitcoins and these #Bitcoins are worth more than $58.5 million. “We think Bitcoin is a valuable investment and a consistent store of value. “We will continue to follow our plan to purchase Bitcoin with cash.” Semler doesn't waste any time. The company stated that it may raise another $150 million worth of debt securities and that some of this funding will be used to purchase more Bitcoin. Company: “We intend to use the net proceeds from the sale of any securities offered under this prospectus primarily for general corporate purposes, including the purchase of Bitcoin.” On June 6, company #CEO Doug Murphy-Chutorian said in a statement that Semler's Bitcoin investment strategy has become the company's second main focus, alongside its healthcare operations. Bitcoin, which has become Semler's main treasury reserve asset, was described by the company in the SEC statement as "a reasonable inflation hedge and safe haven in an environment of global instability" and Semler added: “We also think its digital and architectural resilience is better than gold, whose market capitalization far exceeds Bitcoin. "Given the difference in value between gold and Bitcoin, we believe Bitcoin has the potential for huge returns with increasing acceptance as 'digital gold'." “We have no plans to purchase other cryptocurrency assets other than Bitcoin,” the company said. he repeated. News of Semler's $BTC
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