Whales make big moves for Bitcoin and as experts predict bigger moves on the horizon; Signuptoken.com with Zero Investment crypto.
Big changes are on the horizon when a pair of puppies move a large amount of Bitcoin (BTC). The moves are believed to have been made in response to recent developments by the SEC. A total of five transactions recently took place where 1,433 BTC were transferred.
Each draw transaction totaled $39,041,477. All 5 transactions originated from the Crpto.com exchange to an Unknow wallet. The important thing to note about these transactions is that this was a move and not a sale.
Benjamin Cowen is a cryptanalyst and the mind behind Into the Cryptoverse. The YouTube channel focuses on crypto market analysis. Benjamin has predicted that BTC will make big moves this year and will reward the brave.
Benjamin has predicted that we will see the stability BTC enjoys disappear and crash only to return. History is going to repeat itself with BTC after its performance in 2015-2019. The reason for the Bitcoin increase is because the inflow from the altcoin market has liquefied into BTC. When the liquid from the Altcoin runs out, the price of BTC will fall due to the liquidity drying up.
Benjamin has predicted BTC to go on a bull run in 2024 due to a change in policy by the Federal Reserve. He believes that the latest increase in the Fed will prevent the increase in interest rates. The Fed rate increased from 4.63% to 4.88%. The Fed rate is expected to cross 5% as 2023 draws to a close, which will cause the Fed to inject liquidity into the market.
BTC has crossed $28,000 with an increase of 1.7% in the last 24 hours. BTC is currently valued at $28,295 with an increase of 38.9% in the last 14 days compared to -33.9% from 1 year ago.
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