After a lot of speculation about the Bitcoin ETF, the Bitcoin price dropped dramatically below 40k. After everything that happened in the market, Bitcoin is ready to jump higher.
Last week Bitcoin price surpassed 42k resistance. Now Bitcoin aims higher. According to Tradingview’s data Bitcoin moving around 44k, which makes makes traders greedy. For the first time after ETF’s approval Bitcoin surpassed 44k resistance and slowly going to 45k. Santiment’s latest data shows us Bitcoin Whales collecting more Bitcoins. Whales that transaction makes the price more reliable.
Santiment’s data shows, wallets has more than 1000 BTC, which holded more than 14 months, looking to make their wallets bigger. That idea supports Bitcoin’s price movement and price rise. Santimen believes that data can make BTC’s price higher and market more eligible to trade.
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