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Bitcoin: Accumulation by Major Players 🟩According to data from Santiment, the number of whales holding 100 or more bitcoins has increased by nearly 2% over the past two weeks, which could signal a potential market uptrend. 🟩When large investors increase their positions while retail traders reduce risk, it often serves as a buying signal. Additionally, Bitcoin recently climbed above the $67,000 level and the 200-day moving average, supporting a potential price increase. The Relative Strength Index (RSI) is at 67, indicating moderate buyer pressure. 🟩If Bitcoin remains above the $68,000 support level, the upward trend is likely to continue. A sustained push above $69,045 could lead to further growth toward the key psychological level of $70,000. https://crypto-jazz.com/bitcoin-accumulation-by-major-players/
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