#BlackRock #WHALESTRADING
👽who do you guys think is the biggest influencer of #BitcoinPrice2024 🤔🤔🤔🤔🤔🤔🤔🤔
On a similar front, Crypto analyst DonAlt has put forward a scenario suggesting that Bitcoin’s price could experience a significant drop to as low as the mid-$40,000 range, potentially serving as a necessary correction for the continuation of BTC’s bull run.
Crypto expert Ali Martinez also noticed a drop in Bitcoin whale activity from March 14, suggesting Bitcoin bull momentum is receding. Whale activity has dropped, suggesting major investors are losing confidence, which might affect market sentiment. Martinez suggests that whale transactions could revive Bitcoin bulls.
As it stands, Bitcoin price is down 25% in May 2024 after breaking its previous cycle ATH recorded in March. As if to repeat the 2021 scenario, GME is up by more than 100% in a day, blowing shorts out of the water.
While #marketcap stands at $BTC 1.24T
Everyday market is getting volatile and post halving effect of Bitcoin might ruin its bullish goals in May. Stay tuned to know all updates on Bitcoin Prices with us.