Cryptocrats accumulate bitcoins throughout April

The number of bitcoin addresses with a balance of 1000 coins has grown sharply this month. This situation suggests that large investors continue to accumulate assets. A record number of such addresses was recorded in early February 2021 — 2500. On the other hand, the number of wallets with a balance of less than 10 bitcoins over the past few months has declined slightly.

It is reported that cryptocurrency whales absorb assets with record pace, which exceed 300% of the annual emission of bitcoin. In parallel with this, the balances of centralized sites are reduced, indicating that large investors transfer coins to cold storage. Traditionally, this is considered a favorable sign for bitcoin.

Bidders with a balance of 10,000 coins also adhere to the strategies of accumulation. Apparently, this group of investors preferred to open purchases when bitcoin Lost in price. Currently, the crypto flagship demonstrates obvious signs of power. About 2 weeks ago, the quotes of the coin approached the area of ​​$ 87,000, after which the consolidation phase began.

However, now a surge of bull activity is observed again, while the price has come to the retest of the resistance zones $ 82,237. According to a number of experts, if the cost can stay above $ 87,000, then the growth will continue with a high degree of probability.

A lot of analysts believe that by early May, the quotation of the main digital coin will reach a round level of $ 90,000.

But the key risk factor remains a large -scale trade confrontation that has unfolded between the United States and China. Countries continue to introduce large duties for imports against each other. And so far there are no signs that one of the parties will be ready to make concessions in the near future.

Author

Andrey Alexandrov