CryptoQuant: Accumulation Time - Veterans Know What They're Doing
Over the last 30 days, 404,448 Bitcoin have been transferred to the addresses of regular owners. This is a clear accumulation. Cryptocurrency market veterans act confidently, while newcomers are lost in doubts.
We'll likely hear news throughout the year that some major entity — be it TradFi institutions, companies, governments, or others — will announce they're buying Bitcoin in Q3 2024. And retail investors will be kicking themselves, wishing they'd taken advantage of the moment. They were too busy selling the German government, Mt. Gox, or some macroeconomic shit.
Take a look at the KingFisher map and see what delicious liquidations await us. Time to play big while everyone else is hesitating.