Most Important Chart of the Day - "carte du jour"🐋 🐳 (Patreon)
Published:
2023-04-24 20:42:24
Imported:
2023-04
Content
This chart shows you that there is only one cohort buying Bitcoin over the last 4 days. Whales 10K Bitcoin Plus Cohort.
- BLUE MEANS STACKING BItcoin
- YELLOW NEUTRAL
- RED SELLING BItcoin
Why is this important?
- When Bitcoin whales buy Bitcoin, it typically means they believe the price will increase.
- Reasons for Bitcoin whales buying Bitcoin include bullish sentiment, market manipulation, portfolio diversification, and long-term investment.
- Whales may be buying Bitcoin with the intention of holding onto it for the long term, believing that it will appreciate in value over time.
Bitcoin whales are significant players in the cryptocurrency market, and their actions are worth monitoring and that is why we watch them like a hawk on a daily basis so you don't have to.
Net Net - BULLISH!