Bitcoin’s current market trends are echoing those seen in 2017, with notable accumulation by BTC holders termed “shrimps.” Recent trading data indicates a significant 144.37% increase in volume, hinting at market resilience and positive sentiment among long-term investors.
The ongoing accumulation by BTC holders signals a possible bullish trend, with funding rates rising. This positive sentiment in the futures market, along with the observed patterns, suggests that BTC could soon see a price surge, potentially breaking its all-time HIGH.
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