A few people keep saying dump incoming just to create panic and trying to induce bearish momentum in sone coins just to make personal investment goals successful.
Always study a coin yourself in detail , analyze it and hold , avoid FOMO and invest wisely . If new then stay away from Future trading.
You can also use auto invest option in Binance to buy all good coins in smaller portions with daily , weekly or monthy investment options.
Whales are buying and you are sitting on sidelines for prices to turn green
LIVE
COINOTAG
--
Bitcoin Whales in Accumulation Frenzy: Massive BTC Withdrawals Signal Market Optimism!
Despite Bitcoin’s price volatility, whales are pulling vast amounts of BTC from exchanges, indicating a bullish outlook.Over 21,400 BTC were withdrawn last week, with 13 new whales emerging, each holding over 1,000 BTC.This strategic accumulation suggests confidence in Bitcoin’s future price appreciation among large investors. In the midst of market uncertainty, Bitcoin whales have initiated a massive accumulation phase, withdrawing over 21,400 BTC from exchanges in a week, signaling a strong belief in the cryptocurrency’s impending price surge. The Great Bitcoin Withdrawal Last week’s rollercoaster in Bitcoin prices saw the cryptocurrency hit a new all-time high of over $73,700, only to face a 12% decline shortly thereafter. Amid these fluctuations, a significant trend emerged: large-scale investors began withdrawing Bitcoin from exchanges at an unprecedented rate. According to on-chain data and crypto analysts, this movement is not just a typical reaction to price changes but a deliberate strategy by so-called Bitcoin whales to prepare for further price appreciation. The creation of 13 new whales, each holding more than 1,000 BTC, underscores the growing confidence among these investors in Bitcoin’s long-term value. Understanding the Whale Movement
Exchange data coupled with on-chain analytics provide a clear picture of Bitcoin’s current market dynamics. As prices reached new highs, the expected profit-taking activities took place. However, contrary to what one might expect during a price dip, the amount of BTC on exchanges has been plummeting since mid-January, with a significant drop of 21,401 BTC in just the last week. This trend was highlighted, which noted that the withdrawal of $750 million worth of Bitcoin on March 15 marked the year’s most significant single-day outflow since May 2023. Implications for Bitcoin’s Market Sentiment The large withdrawals and the emergence of new whales in the Bitcoin ecosystem reflect a deep-seated optimism among investors about the currency’s future prospects. While the market experienced a correction, with Bitcoin’s price falling to around $68,201, the sentiment among these large holders appears unfazed. The current consolidation phase is viewed not as a sign of weakness but as a bullish setup for the next rally. The strategic moves by whales, pulling significant amounts of Bitcoin out of exchanges, suggest they are bracing for a continued uptrend, contrary to the prevailing negative market sentiment since December 2023. What’s Next for Bitcoin? The actions of Bitcoin whales are often considered a bellwether for the cryptocurrency’s future direction. With the recent accumulation and withdrawal activities, the market may be on the cusp of another rally. Bitcoin’s resilience and the strategic positioning of large investors underscore the cryptocurrency’s enduring appeal and the widespread belief in its value growth. As the market navigates through current uncertainties, the bullish stance of Bitcoin whales could very well set the stage for the next phase of price appreciation. Conclusion The significant Bitcoin withdrawals by whales amidst price volatility highlight a broader trend of accumulation by large investors. This movement suggests a strong conviction in Bitcoin’s potential for further price gains. As the market digests recent events and prepares for future movements, the actions of these whales offer valuable insights into the underlying confidence in Bitcoin’s long-term trajectory. With new whales emerging and massive amounts of Bitcoin moving off exchanges, the stage is set for an interesting development in the cryptocurrency’s market dynamics. $BTC #HotTrends
Many beginners make this mistake in cryptocurrency: following their desires, their impulses. However, this is the worst thing to do and the best way to lose your money. Your primal instinct is never good in investing.
By following your brain, you'll want to buy when it's soaring because you'll be afraid of "missing out," and you'll want to sell when it's plummeting because you'll panic. This is how you'll end up in the worst possible situation because you'll constantly buy high and sell low.
You absolutely must detach yourself from your emotions and limit their impact on your investments: delete investment apps to deprive yourself of short-term transactions; you can reinstall them in a few months according to your investment goal. Also, buy cryptocurrencies that are less volatile, then don't touch anything. This will prevent you from becoming euphoric or, conversely, panicking and making mistakes. Also, place your sell orders in advance at certain prices. This will help you set your investment plan, and believe me, it will completely change your results. You just need to be calm and patient enough.
If you apply all these tips scrupulously, believe me, your crypto journey will go very well, and you will make money without any problem. But you need to set yourself a real discipline, not just say you'll do it and end up doing nothing.
Investing is not a game; follow the advice of those who win and who know about it, and you will come out much better.
This publication reflects only my opinion.
Thank you for reading.
If you liked it, feel free to like, comment, share this post, and especially subscribe, it helps me a lot. You can also tip me to support me financially; it's my only way of being rewarded for teaching you as much as possible about the crypto market. Thank you very much to those who will do it.
Remember! At the time you see all red is the time you start planning upcoming moves , Crypto is all about collecting valuable coins estimating their potential and future value.
Also panic selling will always end in losses.$BTC $ETH $SOL
Wait a little and check for good upportunity to buy BTC , SOL , ETH , GRT , SUI , BNB.