Bitcoin Charts Update: Bitcoin goes to 35k

BITCOIN WHALES WITH COINS DORMANT FOR 10 YEARS HAVE SEEN MOVEMENTS LATELY

BITCOIN ON-CHAIN CHARTS UPDATE

Let’s look at this new chart: Bitcoin Whale Watching.

Bitcoin Whale Watching 10Yr+

Looking at the chart above (orange bar lines), we see that whales with dormant coins for more than 10 years have been moving their holdings starting around mid-October 2021. But lately, they’ve been silent as the last time they moved was December 29, 2021.

Is this a good thing? Could be. But it still pays to be cautious as we still have to be prepared as soon as they start moving again.

Bitcoin Whale Watching 4-5Yr

But 4-5yr whale coins are still active (blue bar lines).

On the other hand, we’re in for a good start this week!

What are your thoughts on this chart? Comment down below.

For more charts relevant to market top readings, stay tuned. 😉

DISCLAIMER: THIS IS NOT FINANCIAL ADVICE.


ABOUT THE AUTHOR

Elisa A.

Elisa is our Head of Market Analysis at Rocket Crypto X

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