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Bitcoin Whale Prices Diverge Confidence Builds

Bitcoin Surges to $104,300 Amid Bullish Market Sentiment

  • Bitcoin reached a high of $104,300, indicating a strong uptrend.
  • The cryptocurrency faces resistance at the $104,000 mark before potentially reaching its all-time high of $109,000.
  • New whale investors entered the market at an average price of $91.9K, compared to old whales at $32.2K, showing a 185% price spread.
  • This divergence suggests increased confidence and FOMO among large holders.
  • The current BTC price is around $103,000 with key resistance at $103,600.

Bitcoin’s recent surge highlights strong market performance and optimism as it approaches significant resistance levels. The entry of new whales at higher prices underscores growing confidence in continued gains.

Source (2.6)https://www.newsbtc.com/bitcoin-news/bitcoin-whale-entry-prices-diverge-sharply-confidence-builds-at-higher-levels/?rand=52377
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