Bitcoin

٢١ يوليو ٢٠٢١

📈After a long consolidation, the first coin hit a new local low, leading to massive liquidations and unrealized losses on the market.📈

Many are already expecting March 2020; many flip to USD, but not 🐳

As you can see from the first Glassnode chart, capital does not surrender but builds up muscles.

The number of coins in whale wallets approached 75% of the circulating bitcoin on the market. Downtrend does not scare them but only opens an opportunity to buy more coins.

We also see a massive outflow of coins from exchanges, already exceeding 2k BTC per day, which says only one thing:
Bullrun on the cryptocurrency market is only a matter of time.

Best regards EXCAVO