{"id":143068,"date":"2024-11-24T09:00:07","date_gmt":"2024-11-24T07:00:07","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143068"},"modified":"2024-11-23T18:07:08","modified_gmt":"2024-11-23T16:07:08","slug":"bitcoin-whales-buy-40000-btc-as-market-bulls-eye-100000","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-whales-buy-40000-btc-as-market-bulls-eye-100000\/","title":{"rendered":"Bitcoin Whales Buy 40,000 BTC as Market Bulls Eye $100,000"},"content":{"rendered":"<p>On November 23, 2024, a well-known crypto analyst shared on X that major <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>holders, often referred to as \u201cwhales,\u201d have made considerable purchases in recent days, signaling a strong bullish trend.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Bitcoin<\/a> whales have bought over 40,000 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$BTC<\/a> in the last 96 hours, worth around $3.96 billion! <a href=\"https:\/\/t.co\/qjs0o99f8M\" rel=\"nofollow\">pic.twitter.com\/qjs0o99f8M<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1860313534959091768?ref_src=twsrc%5Etfw\" rel=\"nofollow\">November 23, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Over the past four days, these whales have accumulated a remarkable 40,000 BTC, equivalent to $3.96 billion, from various exchanges. This purchasing activity began as Bitcoin broke out of a consolidation phase, pointing to a renewed sense of optimism in the market.<\/p>\n<p>As Bitcoin\u2019s price continues to rise, many investors are considering whether now is the right time to buy. The heavy involvement of institutional investors like MicroStrategy and Genius Group, who have also increased their holdings, suggests that the outlook remains positive.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-142997\" href=\"https:\/\/cryptodnes.bg\/en\/ai-predicts-bitcoins-future-price-here-is-what-to-expect\/\" title=\"AI Predicts Bitcoin&#8217;s Future Price &#8211; Here is What to Expect\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/MotleyFool-TMOT-feccc6d4-bitcoin-logo-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">AI Predicts Bitcoin&#8217;s Future Price &#8211; Here is What to Expect<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>From a technical standpoint, Bitcoin\u2019s chart looks promising. The cryptocurrency has recently surpassed $99,500, approaching its previous all-time high of $100,000. However, experts suggest that the asset might face a brief pullback before it can continue its upward trajectory. Bitcoin\u2019s price remains above the 200 Exponential Moving Average (EMA), signaling an ongoing bullish trend, though the Relative Strength Index (RSI) indicates a potential short-term correction.<\/p>\n<p>On-chain data shows a mixed sentiment among traders. While there has been no substantial creation of new positions or liquidations in the past day, the Long\/Short ratio of 1.03 reflects a positive outlook, with more traders betting on Bitcoin\u2019s continued rise. Despite some uncertainty, the overall mood in the market appears to favor the bulls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin has been making notable strides in the crypto market, drawing significant attention due to its impressive performance.<\/p>\n","protected":false},"author":7,"featured_media":37336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,424,384,108,248],"coin_category":[],"class_list":["post-143068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-crypto","tag-optimism","tag-price","tag-whales"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bitcoin Whales Buy 40,000 BTC as Market Bulls Eye $100,000<\/title>\n<meta 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