#Opinion
π³ Bitcoin whale transactions have dropped by 33.6% since March
Analysts from #Santiment calculated that transactions involving amounts over $100,000 have decreased from the peak observed in March of this year.
Experts suggest that this is not necessarily a signal of a bearish trend. Most likely, large players are simply waiting for the most opportune moment to take advantage of extreme greed or extreme fear in the crowd.
π― According to Santiment's forecast, a rise in #BTC to $70,000 will trigger a cascade of trades due to #FOMO β the fear of missing out, while a drop in digital gold to $40,000, on the contrary, will be accompanied by significant concerns among most market participants about incurring substantial losses, which could further increase downward pressure on the price.
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Analysts from #Santiment calculated that transactions involving amounts over $100,000 have decreased from the peak observed in March of this year.
Experts suggest that this is not necessarily a signal of a bearish trend. Most likely, large players are simply waiting for the most opportune moment to take advantage of extreme greed or extreme fear in the crowd.
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#Opinion
πͺ #PlanB has published a new forecast for the price of #BTC
According to him, #Bitcoin will close October at around $70,000, after which the coin will experience significant growth:
π In November, following the elections and Trump's presumed victory, BTC will hit a new ATH, reaching $100,000.
In December and January, the levels of $150,000 and $200,000 will be surpassed, driven by the inflow of funds through #ETFs.
March β $300,000
April β $400,000
π In May, Bitcoin will reach half a million dollars due to widespread adoption in most countries.
π€ In June, AI-based autonomous arbitrage will be launched, and the coinβs price will hit $600,000.
From July to December 2025, PlanB predicts Bitcoin will reach $1,000,000 and trigger massive #FOMO among market participants. Then, a bearish trend reversal will occur, with a price floor of $200,000.
π₯ β Fully agree
πΏ β I'd be happy to see at least $100,000 in the next couple of years
β
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According to him, #Bitcoin will close October at around $70,000, after which the coin will experience significant growth:
In December and January, the levels of $150,000 and $200,000 will be surpassed, driven by the inflow of funds through #ETFs.
March β $300,000
April β $400,000
From July to December 2025, PlanB predicts Bitcoin will reach $1,000,000 and trigger massive #FOMO among market participants. Then, a bearish trend reversal will occur, with a price floor of $200,000.
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He also managed to unsettle traditional financial institutionsβfirst with new technology, and now with #FOMO. Itβs likely that Satoshi had long-term plans for #Bitcoin, and it seems no coincidence he chose October 31 for the publication
#QuoteOfTheDay
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