According to experts, since the beginning of August, Bitcoin Chita has acquired over 20,000 BTC. Over the past few years, a clear correlation has been traced between changes in the volume of wallets of large coin holders and the direction of further movement of the course.
At the same time, short -term owners of the first cryptocurrency began to sell bitcoins with a loss. A similar situation was recorded during the deep correction of the crypto at the beginning of the year, experts noted.
In their opinion, the market is cleaned of weak players, speculative capital leaves trading platforms. Further restoration of the Bitcoin course in the near future is unlikely.
The current period of fixing losses can be a key point – everything will depend on whether the bitcoin exchange rate can maintain the level of key support of $ 113,000 so that there is no deeper correction.
Earlier, Coindesk experts said that the owners of cryptocurrencells with balances from 10,000 BTC moved from acquisition to the distribution of assets, and holders with lower positions continue to accumulate the first cryptocurrency.
Source: Bits

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