🚀Bitcoin soars to $65,000, 90% of holders are profitable, and the market is going up?
Bitcoin has soared again, this time directly breaking through the $65,000 mark! IntoTheBlock's X tweet analysis said that this means that more than 90% of BTC holders are now making a lot of money.
But don't be too happy, we have to be careful at this time, because historically, once everyone starts to make money, the market may start to pull back.
Remember July? It was a similar situation at that time, but the price fell all the way and entered a consolidation period of about two months.
In addition, according to @ali_charts analysis, those big players (also known as "whales") have recently started to sell BTC on a large scale, selling 20,000 bitcoins worth $1.28 billion in the 24 hours from Tuesday to Wednesday alone. This may mean that the price of Bitcoin will fluctuate again in the short term.
So, although the situation seems to be very good now, don't forget that the market is always unpredictable. Be cautious when investing and don't be carried away by the temporary prosperity!
