De 18. Januar ass de Bitcoin (BTC) Präis an Dollar (USD) recovered all of its previous losses caused by the FTX epidemic and reached its highest point at $22,216 on Friday afternoon. The asset’s rise to a level of more than $22,000 caused market participants to experience heightened levels of euphoria, even while crypto behemoths like Genesis filed for bankruptcy Prozeduren.
Bitcoin (BTC) Price To Hit $35K?
Bitcoin recently surpassed the $420 billion Maartkapp as its trading volume witnessed an increase of 17.45% at $25 billion in the course of the past 24 hours. This has led many to believe Bitcoin’s (BTC) price to hit the coveted $25K price mark in the coming days if the Krypto Maart is devoid of any further black swan events. However, according to the prominent crypto analyst, Michael van de Poppe, the price of the flagship cryptocurrency might reach as high as $35,000. According to his Analyse, there will most likely be a certain time period this year –ranging from two to four months–during which the markets will see a significant relief rally. It’s possible that the scenario is already set in motion at the present time.
This year we’ll probably have a window of 2-4 months in which the markets are having a strong relief rally.
Might actually be the case right now already.
A rally towards $35K is therefore possible for #Bitcoin.
Be ready, maximize, accumulate this year and you’ll be golden.
- Michaël van de Poppe (@CryptoMichNL) Januar 20, 2023
Massive BTC Whale Activity
This seems to hold true as reports of massive Wale Akkumulation have also been tracked down. According to on-chain data, there has been an increase of more than 3% in the count of BTC whales owning 100 to 1,000 BTCs, in the recent two months. At the time of this publication, there were a total of 14,110 whale addresses in this cohort.
Weiderliesen: Préift déi Top Crypto Telegram Channels vun 2023
On the other hand, Kim Young Ju, co-founder and CEO of CryptoQuant, a platform for crypto on-chain monitoring, also noted certain whale activities in the geschriwen ecosystem. A notification was sent out by Ju in the form of a tweet indicating that miners participating in the 1THash pool had sent 3,336 Bitcoins to the Binance Austausch.
Wéi d'Saache stoen, ass de Bitcoin (BTC) price is currently being traded at $22,106. This represents an increase of 4.67% on the day, in contrast to a gain of 14% during the week as per CoinGape’s crypto market tracker.
Och liesen: Crypto Bedruch verrechent $ 4.5 Milliarde Bitcoin Déifstall Land Neie Marketing Job
Dee presentéierten Inhalt kann d'perséinlech Meenung vum Autor enthalen an ass ënner Zoustand vum Maart. Maacht Är Maartfuerschung ier Dir a Kryptowärungen investéiert. Den Autor oder d'Publikatioun huet keng Verantwortung fir Äre perséinleche finanzielle Verloscht.
Source: https://coingape.com/bitcoin-btc-price-gunning-for-35000/