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HolderStat | BTC retail traders are buying
🔥 Bitcoin has risen significantly recently, reaching a new ATH of $89,940.
🔎 The volume of “Bitcoin” search queries on Google Trends has also hit a new high from June 2022.
Crypto-betting platform Polymarket estimates the probability of bitcoin reaching $100,000 by the end of 2024 at 62% 🎲
🚀 Bitcoin's capitalization has surpassed that of silver - the first cryptocurrency now ranks eighth among the world's largest assets.
The analysis of the wallets we tracked led us to the following conclusions 👇
💡 Looking at the state of our indicator and the operations of the tracked wallets, we can say that long-term holders have already started to close their positions little by little, while cautious traders only bought after the trend confirmation. All this means that BTC will continue its growth, but altcoins will show the biggest growth in the next month.
🔎 The volume of “Bitcoin” search queries on Google Trends has also hit a new high from June 2022.
Crypto-betting platform Polymarket estimates the probability of bitcoin reaching $100,000 by the end of 2024 at 62% 🎲
🚀 Bitcoin's capitalization has surpassed that of silver - the first cryptocurrency now ranks eighth among the world's largest assets.
The analysis of the wallets we tracked led us to the following conclusions 👇
💡 Looking at the state of our indicator and the operations of the tracked wallets, we can say that long-term holders have already started to close their positions little by little, while cautious traders only bought after the trend confirmation. All this means that BTC will continue its growth, but altcoins will show the biggest growth in the next month.
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