Whale Watching: Top Bitcoin Cetologist Warns Not To ‘Buy The Dip’
Bitcoin blasted from $10,000 to just under $20,000 in just a few months, sans any significant correction. And while sellers have been unable to shift the bullish momentum thus far, increased whale activity has one top crypto quant analyst warning investors not to buy the “dip.” Here’s why the opinion is so “unpopular,” along with […]
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Crypto whale action can affect the price of cryptocurrencies and tracking these whales can offer invaluable and timely insights into price movements. What are the common crypto whale tracking tools?Whale tracking tools like Whale Watchers, Whale Bot Alerts and others can help investors spot whale action and make quick and timely decisions.Whale tracking tools come with different capabilities, some can be just a simple window on top of a blockchain, while others have analytics and charting capabilities across multiple blockchains. Some only cover crypto whale tracking, while others offer....
Bitcoin price is down more than 10% from the weekend’s new all-time high set above $60,000 after an overnight selloff. The now sizable correction was first assumed to be a massive whale dumping more than $1 billion in BTC on crypto trading platform Gemini, but ultimately turned out to be something else. Here’s what actually caused the correction, and why the market was so easily shaken by what was ultimately a non-event. Whale Watching: Bitcoin […]
The transparency blockchain provides lets fundamental analysts see when whales are loading up on Bitcoin, but it can’t tell when technicals take a turn. However, whale behavior might still be the key to understanding price action. Right now, whales on the long-standing crypto exchange Bitfinex have amassed one of the largest collective long positions ever. […]
While most of the crypto market seems to have entered panic mode, one Bitcoin whale has gone on an incredible buying spree. The very young whale has only been here for three months but it now boasts one of the largest BTC holdings in the industry. However, the question for now is, while this whale […]
Economist Peter Schiff – the favorite opponent of bitcoin evangelists on social media – has again sounded his trumpet of doom for cryptocurrency, particularly Bitcoin and Ether. According to the gold bug, selling bitcoin to pay the bills is necessary “As the recession continues, conditions will only deteriorate.” The guy predicts an economic collapse and […]