Ku NewsBTC - 3 sababaraha bulan kapengker - Waktos Bacaan: 3 menit
Bitcoin Buzz: Tren Akumulasi Puncak Dina Luhur 3 Taun - Naon Anu Ngadorong Lonjakan?
Numutkeun kana data shared by renowned crypto analyst Ali, Bitcoin has recently witnessed a significant development in its investment dynamics, marking a notable shift in the crypto market.
In a post on X published earlier today, Ali disclosed that Bitcoin is experiencing a substantial accumulation streak, which has not been seen in nearly three years.
According to the analyst, this surge in the Accumulation Trend Score indicates the tumuwuh kapercayaan among larger entities in the cryptocurrency market.
Ali’s shared data further reveals that the Accumulation Trend Score for Bitcoin has consistently hovered near the peak level of 1 over the past four months. This sustained high score signals an active and ongoing accumulation by big investors.
#Bitcoin nyaksian salah sahiji garis akumulasi anu paling penting dina ampir 3 taun!
Utamana, Skor Trend Akumulasi parantos ngalayang caket 1 salami 4 sasih katukang, nunjukkeun yén éntitas anu langkung ageung ngumpulkeun. $ BTC. Tren ieu nunjukkeun kapercayaan anu kuat di pasar! pic.twitter.com/QcJOEhzBUb
- Ali (@ali_charts) Pébruari 1, 2024
A Surge In Large-Scale BTC Holdings
Further complimenting this near 3-year accumulation trend streak, Ali’s recent data revealed that the Bitcoin market has welcomed approximately 67 new “whales.” These entities, each holding over 1,000 BTC, represent a 4.50% increase in this category of investors within two weeks.
This increase in whale activity coincided with a period where Bitcoin experienced a notable dip, falling below the critical $39,000 threshold. Ali noted: “While some shivered with fear during the recent price correction, Bitcoin whales were accumulating more BTC.”
While some shivered with fear during the recent price correction, #Bitcoin whales were accumulating more $ BTC!
Around 67 new entities now hold 1,000 #BTC or more, marking a 4.50% increase in two weeks. pic.twitter.com/tje3fhznRR
- Ali (@ali_charts) Januari 30, 2024
This downturn was primarily attributed to a significant outflow from Grayscale, amounting to leuwih $ 5 miliar ti saprak Bitcoin Spot ETF was approved by the US Securities and Exchange Commission (SEC).
Nepi ka 29 Januari 2024, jumlahna Bitcoins dicekel ku Grayscale éta 496,573.8166. Salaku tambahan, AUM GBTC sakitar $21.431 milyar. Saatos spot ETF lulus, pamaké Grayscale ngajual jumlahna aya 120,500 BTC, anu sami sareng $ 5.508 milyar.…
- Wu Blockchain (@WuBlockchain) Januari 30, 2024
However, as this outflow has cooled off, Bitcoin has shown signs of recovery, trading above the $42,500 mark and registering a 6.1% increase in the past week.
Bitcoin Poised For 40% Surge?
Shifting the focus to the broader financial landscape, Arthur Hayes, founder of BitMEX, has offered an analysis of current economic conditions and their potential impact on Bitcoin. His commentary is particularly relevant in light of recent challenges faced by New York Community Bancorp (NYCB) and the banking sector.
The bank’s significant stock decline, driven by unexpected losses and a substantial increase in loan loss reserves, has raised concerns about the stability and exposure of US regional banks, especially in the real estate sector.
Hayes’s remarks point to a possible near-future scenario where the Reserve Federal might have to intervene by reinstating the Bank Term Funding Program (BTFP) or similar measures to stabilize the banking sector.
He parallels the current situation and the March 2023 banking crisis, suggesting that similar market turbulence could lead to a brief dip in Bitcoin’s value, followed by a significant rally.
Hayes postulates that such developments could see Bitcoin, often regarded as a digital gold or safe-haven asset, experience a surge in value similar to the 40% increase witnessed during the previous banking crisis.
Gambar anu ditampilkeun tina Unsplash, Bagan ti TradingView
sumber aslina: NewsBTC