According to Santiment, large holders (with a balance of 1000 $BTC and above) continue to accumulate Bitcoin. The distribution of wallets by volume at the moment looks like this:
If investors from the last two categories continue to increase their $BTC holdings, as has been happening throughout 2024, the bull market may continue to develop.
$BTC bounced on Christmas and crowd sentiment suddenly turned bullish with expectations of $110,000 — Santiment data.
Historically, such mood swings have not led to anything good, and the chances of seeing the $110,000 mark will be higher when the crowd does not expect it — Santiment experts.
💵 Experts predict that as early as January 2025, Ethereum could overtake Bitcoin in terms of growth, which will push other altcoins up, while Bitcoin is expecting an outflow of funds! $ETH
✴️#BTC走势分析 #crypto #Bitcoin❗ The current correction in $BTC is absolutely normal, it could be deeper. Everything is within the norm in bull markets — CryptoQuant experts.
✴️#BTC #ETH #Crypto $BTC and $ETH are currently seeing the biggest panic selling (FUD) from short-term holders who entered the market 2-3 months ago, according to Santiment.