Are you ready to dive into the world of Bitcoin trading and large holders’ net flow data? Look no further than Extreme Investor Network for the latest insights and analysis.
Recently, Bitcoin Large Holders have been making waves with their positive net flows following the Federal Reserve’s rate announcement. In the past three trading days alone, these wallets have acquired a whopping 25,093.9 BTC, totaling a staggering $1.5 billion in fresh Bitcoin purchases.
What does this mean for Bitcoin’s price forecast? Well, despite a slight pullback over the weekend after hitting a high of $64,128, the influx of capital from large investors suggests a potential rebound on the horizon.
With our exclusive analysis, we’ve identified key resistance levels at $64,661 and $70,000, as well as crucial support levels at $58,859 and $53,058. Keep a close eye on the Bollinger Bands indicator as a breach of the upper-band at $64,661 could trigger a rapid breakout towards $70,000.
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