Hello everyone 🌸
#Bitcoin whales have started trading again because the downward trend resistance has been broken. This was the first sign of strength that #BTC needed to show. Now, as I mentioned before, the next target is $64,500. A potential breakout above the formation resistance will confirm the uptrend and signal a potentially strong upward price movement.This data had been negative for a long time, and whale transactions had significantly decreased, but with the breaking of the downtrend, it has risen from -14 to -1. If we can move above 0 into the positive region in the coming days, it will be extra positive.
The only issue is that the volumes are still low. It would be much better if the volumes increased a bit. For now, $BTC the $62,000 support needs to be maintained and volumes need to increase slightly.
I wish everyone a great day and profitable trades.
