Bitcoin investors known as ‘whales’ are accumulating BTC, contributing to price stabilization. Institutional investors have also been purchasing a significant amount of BTC, notably over 34,000 BTC since mid-December. This activity reflects a robust demand and interest in Bitcoin, countering short-term market volatility.
Despite a drop in the Crypto Fear & Greed Index, historical trends suggest that BTC price could rebound as it reached neutral zones. Moreover, concerns about the US government selling BTC appear exaggerated due to complex operational factors, potentially impacting bearish forecasts temporarily.
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