Bitcoin’s price finally recaptured the $50,000 level, but data shows that pro traders are somewhat skeptical for a variety of reasons.
The price of Bitcoin (BTC) is back at the $50,000 level, and there’s little doubt that the 47% positive rally over the past 30 days has been fueled by whale accumulation, institutional adoption and positive remarks from regulators regarding a possible exchange-traded fund (EFT) approval.Despite the positive newsflow, the top traders at crypto exchanges and derivatives data appear unmoved by the recent rally to the $50,000 resistance.Crypto analyst Will Clemente highlighted the accumulation from addresses containing 1,000 to 10,000 BTC.Price down today while whale holdings went up by ~13,000 BTC. Funny how that works. pic.twitter.com/a6tb2DiqxH— Will Clemente (@WClementeIII) August 18, 2021
In other news, JPMorgan Chase and Wells Fargo have partnered with New York Digital Investment Group,
Źródło: https://cointelegraph.com/news/pro-traders-are-mildly-skeptical-about-bitcoin-s-recent-return-to-50k
