Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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The last 4 years have been a relentless march lower. The action since late April has drawn my attention. We have formed a series of higher highs and higher lows. Just a few days ago the 50 day MA crossed over the 200 day to theupside. For some perspective the 50 has been buried under the 200 since 09/09/08 ! For those interested in longer term stuff the 13 week MA has crossed over the 34 week MA.
Couple of things could happen here. We could back and fill and retest the new upward trendline around 19 or the MA's or we could take out the Aug high along with the recent high at 23 which would be very bullish.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.