Cryptokites purchased an additional 34,000 Bitcoin

At the end of last week, the main digital coin could not resist $ 100 thousand above, after which a sharp drop in price started. However, large investors decided to take advantage of this situation, having recently acquired an additional 34,000 bitcoin coins. Cryptoquant’s researchers drew attention to this. It was emphasized that the actions of cryptocurrency whales in the future can result in a sharp increase in the cost of the main digital coin.

Currently, bitcoin is trading near $ 95,000, having lost about 2% in price over the past day. It is worth considering that sellers were activated against the background of the news that came from the United States. The local labor bureau reported a significant increase in the number of new vacancies. And this seriously reduces the likelihood that according to the results of the next meeting, the Fed will be ready to reduce the key rate.

Exchange analysts also spoke about the current situation in the market Bitfinex. In their opinion, the pressure on the part of the sellers is systematically reduced. Therefore, at any time, strong buyers can be activated in the market. It was also noted that in the 1st quarter of this year, the main digital coin can reach a new historical extremum.

The policy of the US President Donald Trump and the adoption of the digital asset segment at the state level can support such dynamics.

According to Matt Hawgan, a representative of Fidelity Digital Assets, this year many countries will attempt to form strategic financial reserves in Bitkoinah. Against this background, the main digital coin in a short time can reach $ 150 thousand. At best, bitcoin will demonstrate growth up to $ 400 thousand.

Author

Andrey Alexandrov