BITCOIN WHALES UNLEASHED: $1.62 Billion Buying Spree Sparks Rally!

Get ready for a wild ride! Bitcoin whales have gone on a shopping spree, snapping up over 30,000 BTC units in just 48 hours, worth a staggering $1.62 billion! This massive accumulation has sent shockwaves through the market, fueling a 2% surge in Bitcoin's price to $57,267.

The total crypto market cap has also ballooned by 3% to $2.1 trillion! The big question is, what's driving this whale frenzy? Is it a sign of a macro bottom, or just a clever play on market sentiment? As the market tries to make sense of this sudden move, one thing is clear - the whales are back, and they're hungry for Bitcoin!

The fear and greed index has plummeted to extreme fear levels, below 20%! This contrarian indicator suggests that the market is due for a rebound. But will it be a sustained rally or just a flash in the pan? The answer lies in the charts; veteran trader Peter Brandt has been studying them closely.

According to Brandt, Bitcoin's post-halving corrections are eerily similar to the 2015-2017 cycle. Could this mean a new all-time high is on the horizon? Share your thoughts in the comments below!

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