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❕NEWS 476 million USDT deposited in one hour to grab Bitcoin dip

Josemendez

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According to data from Glassnode , a Whopping sum of 476 million USDT was moved on April 7 to exchanges and was used to buy the dip in bitcoin ,around $55,000 .

This means that there are large investors with huge amount of money , which they spend when the market is down .

This also mean that there is indication that Bitcoin bullish run is on the corner .
 

Niftyicon

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That is just one thing about bitcoin, there are always investors who are ready to take advantage of the dip in price. I think that is why btc price doesn't do any drastic dips again.
 

achawaskey

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That is really business, everyone has his own strategy, but the most of them all is to buy or invest when the prise is low, with those huge investment bitcoin bullish is around the corner.
 

Wisdom01

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Its around the corner , but i hope the person set a limit because if it dips futher ,he or she could make huge loss arising from the deep in price
 

Niftyicon

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Yea mate it goes down and have some resistance then the price would start increasing forward again , because many focused on the dip
Bitcoin price topping 60k dollars just goes to show that we are finally seeiñg the impact of the recent buys that were made. Let's see how far it will go this time around.
 

Brain

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According to data from Glassnode , a Whopping sum of 476 million USDT was moved on April 7 to exchanges and was used to buy the dip in bitcoin ,around $55,000 .

This means that there are large investors with huge amount of money , which they spend when the market is down .

This also mean that there is indication that Bitcoin bullish run is on the corner .
Your analysis is apt, they are whales that always look out for this fall so that they buy more and push the price up to sell at a full gain. So that's is just the plan
 
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