After that, if we break the blue resistance line we could see 42800-46800
Addresses holding between 100 and 10,000 BTC have just reached a combined AllTimeHigh 9.19 million coins. They have added another 170,000 BTC since 22 May and a staggering 130,000 BTC in the last 4 weeks alone.
Best regards EXCAVO
Glassnode recorded a 30% rise in active addresses on the Bitcoin network last week. The value increased from 250,000 to 325,000. A similar figure was observed in July 2020, when BTC was worth about $ 11,300.
I think this short squeeze was the cleanup/spring before another major leg down to 24-25k
Uh and those whales accumulating coins are actually part of the Cartel doing the market manipulation with the stablecoins. I'd say those are exchanges and market makers and I'm confident they're not buying with real money.