$BTC
Bitcoin Price Analysis!!!
Now we have seen some trouble with bitcoin, some short term price correction with no time just within minutes, some wallets who have held Bitcoin BTC at 98,290 for at least 155 days, have sold 827,783 BTC worth around $82.6 billion at its current price of around $99,200 this all happened in 8th december. This is very big sales of bitcoin, now MicroStrategy purchase more btc around 21550 at an average price of 98783 dollar per btc, so now 423650 btc they hold with an average price of 60324 dollars.
It's all numbers game, they are not playing with us, they act like as a gambling with us, they moves market by their own, those who sold their btc around 82b dollar within a week it's not a good thing, these all btc with different wallet addresses with same price 99200, this is fully whales activity to up and down market in very small time, they treat us like a fool, due to this kind of behaviour now btc in trouble and also some big traders who have an eye on crypto market now moves again towards forex market.
But now i have seen btc have enough volume, it's more then 110B+, after big buying pressure now market again convert towards buying side, this time US and Canada a large crypto investors still in sleep but btc volume increase rapidly, this is another whales activity so today it is good time to invest in crypto, market need some improvement and now convert this red candles into green candles. Hopefully today we will see btc again in green candles and btc touches 102k easily.
Eth, Solana, break their support levels but it doesn't matter, when btc break at any price and make some upward trend then these all coins recover again, in this kind of market make sure that your future trade is within 5x or 8x.
Thankyou and thanks for your time