Bitcoin (BTC) Might Still Dip Below $5,000 But Future Prospects Are Brighter Than Ever

2018-7-9 18:00

Bitcoin (BTC) is still in a downtrend. The price action looks weaker with every passing day and volume continues to dwindle. Buyers and sellers on most exchanges are now a limited number of cryptocurrency day traders.

Big hoarders including some institutional investors are shopping mostly over the counter (OTC) thus having no impact on the price or volume of Bitcoin (BTC) on exchanges. Since the beginning of this downtrend, Bitcoin (BTC) has followed an interesting pattern of false hope for 77 days interval.

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$ 63431.39 (-0.13%)
Объем 24H $24.923b
Изменеия 24h: 0.53 %, 7d: 5.51 %
Cегодня L: $63041.13 - H: $64271.11
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Цена в час новости $ 6800.41 (832.76%)

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Bitcoin Whales Continue Buying, Now Hold 25.16% Of All Supply

On-chain data shows that the Bitcoin whales’ holdings have grown to 25. 16% of the entire supply, and their net accumulation has continued recently. Bitcoin Investors With 1,000 To 10,000 BTC Have Continued To Buy Recently According to data from the on-chain analytics firm Santiment, the BTC whales have accumulated more than 266,000 BTC since the start of the year.

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