Bitcoin eyes $90K as whales absorb 20x daily BTC supply in 30 days

Bitcoin eyes $90K as whales absorb 20x daily BTC supply in 30 days

0.59%LINK$9.41 1.46%DOGE$0.09771 0.62%ADA$0.255 2.25%BTC$74,630 0.33%XLM$0.1662 3.84%SOL$87.72 2.81%XRP$1.43 1.71%BCH$449.77 1.56%ETH$2,326 1.39%HYPE$43.29 3.57%TRX$0.3252 0.01%BNB$629.38 0.81%USD Written by Yashu Gola,Staff WriterReviewed by Ray Salmond,Staff EditorBitcoin eyes $90K as whales absorb 20x daily BTC supply in 30 days4 hours agoBitcoin price has entered the breakout stage of a classic bullish reversal pattern and is now eyeing a run toward $90,000. Bitcoin (BTC) appears on track to hit $90,000 in the coming weeks as whales accumulated about 20 times the cryptocurrency’s daily new supply in the past weeks. Whales bought roughly 270,000 BTC in the past 30 days. BTC broke out of its symmetrical pattern setup with a measured target at around $92,220. Whales, entities that hold over 1,000 BTC, have added roughly 270,000 coins to their wallets in the past 30 days, marking their l

Source: https://cointelegraph.com/news/bitcoin-eyes-dollar90k-as-whales-absorb-20x-daily-btc-supply-in-30-days?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound