Bitcoin Price Volatility: New Whales Could Impact BTC Value, Analysts Say
Analysts suggest that Bitcoin's price volatility indicates a growing risk of distribution, with new BTC whales potentially influencing price movements. The report questions whether a short-term drop to $85,000 is possible, based on the actions of these large holders and their impact on the market. The analysis focuses on how the behavior of new, large Bitcoin holders could lead to significant price swings, reflecting concerns about potential market instability.
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