Tectono Business Review: BITCOIN SETS TO RISE ABOVE $35,000 AS WHALES ACQUIRE 910,000 BTC

Monday 3 July 2023

BITCOIN SETS TO RISE ABOVE $35,000 AS WHALES ACQUIRE 910,000 BTC

Bitcoin whales played an important role in breaking the $30,000 price level in the recent rise.

A very popular crypto analyst, Ali, on his verified Twitter account (@ali_charts) stated it unequivocally that around 1.84 million wallet addresses bought 910,000 Bitcoins.

This accumulation came in between the price range of $29,930 and $30,800.

However, the whale buying eventually precipitated Bitcoin exceeding the important $31,000 price level.

Ali suggested that it is crucial for Bitcoin to hold this demand ahead.

In consonance with the data, this is a good chance for BTC to run up towards $35,000 in view of no of resistance in the way.

Bitcoin price is up by more than 14% in the last 30 days.

At the time of filing this report, Bitcoin is trading at an average price of $30,204.

Its 24 hour trading volume is up by 24% to stand at $17 billion.

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Monday 3 July 2023

BITCOIN SETS TO RISE ABOVE $35,000 AS WHALES ACQUIRE 910,000 BTC

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