HolderStat | BTC has reached a new ATH
Having analyzed 100 mln bitcoin wallets, we formed an index reflecting their sentiments. And here are the conclusions we came to 👇
👉 The current values are at 62 points, and over the last 24 hours 100% of transactions were made for sale.
💡 After Trump's victory, the cryptocurrency market surged and BTC reached a new ATH, while the observed wallets mostly refrained from transactions and some made sales. This behavior can be seen as both anticipation of a BTC correction and a liquidity spillover into altcoins in pursuit of greater profits.
📌 Considering the correction scenario, it is worth noting that the levels of $73,000 and $70,000 may become a significant barrier to decline. Also, we should not forget that today the Fed will announce a decision on the key rate, which may affect the volatility of the price.
👉 The current values are at 62 points, and over the last 24 hours 100% of transactions were made for sale.
💡 After Trump's victory, the cryptocurrency market surged and BTC reached a new ATH, while the observed wallets mostly refrained from transactions and some made sales. This behavior can be seen as both anticipation of a BTC correction and a liquidity spillover into altcoins in pursuit of greater profits.
📌 Considering the correction scenario, it is worth noting that the levels of $73,000 and $70,000 may become a significant barrier to decline. Also, we should not forget that today the Fed will announce a decision on the key rate, which may affect the volatility of the price.
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