Whales are accumulating bitcoin | Bitcointalksearch.org

danadc

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Quote from: Odusko on November 10, 2024, 05:59:30 PM

But whale's are same as the big trader's, their know how to manipulate and read the market smartly and for that, they will always be at a better position compared to everyone else in the market.

Yes and they also know exactly when they are going to make the market price go up, for example what is happening now is the Trump effect, and this effect will last all this year and next, only by taking advantage of his effect and taking into account that the 4 years of the cycle are going to be completed where bitcoin always increases in price, things will be different, many more emotions can be generated that people in the world want to have more and more bitcoin because people always buy when bitcoin is more expensive, lol, I don't understand them , but that is favorable to the market so those feelings are welcome.

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Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

Whale's have already forecasted a time like this which is why they started their Bitcoin accumulations way back when the price was still very low and at a discounted price, because at most their control the market and without such a bag load of Bitcoin, their control over the market may be very minimal and for that their lose their control eventually.

But whale's are same as the big trader's, their know how to manipulate and read the market smartly and for that, they will always be at a better position compared to everyone else in the market.

danadc

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When the price of BTCn is rising I doubt that whales will buy BTC, what they should be doing is waiting and waiting, some who have more money can buy to see how much they can buy until they meet a big bear, that's how I imagine it, because what I understand is that whales buy when the price is low or it is established that it is cheap and suitable for buying, buying at a high level can bring losses to the whales because there may be many selling.

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Quote from: mirakal on October 30, 2024, 06:28:05 AM

We can’t ignore the huge influence they have on the market. A lot of small investors just follow their lead, and we can clearly see the impact this has on price movements. While this might be the start of prices rising again, I’m still not confident that it’ll take us to a new all-time high. For every person buying, there are others selling and taking advantage of the situation, which is why it’s rare to see prices steadily rising without fluctuations. Not everyone’s riding the same wave, and the ups and downs are still very much felt. Maybe I’m wrong, but I still think hitting $100k as a new all-time high is going to be tough.

yeah the short sellers are pain in the ass, so many people just short selling whenever BTC reaches resistance around $74k as if they don't want to see BTC reaching new ATH.
i've seen plenty that keeps shorting with 200x leverage at the top, if things keep up this way then I presume the market will just bounces off resistance quite few times only then once the liquidity is getting weaker the bullrun will resume.

the problem with crypto market nowadays, so many shorters with high leverage that can turn around the market and hold the organic growth of bitcoin.

Ultegra134

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Quote from: asarfiar on November 03, 2024, 10:19:30 AM

If we look at the Bitcoin market system, we can see that the price of Bitcoin has been decreasing gradually for the past few days. Bitcoin is volatile but it continues to move at a certain pace, the rising price is a prime example of that. I can imagine that Bitcoin will definitely have a positive impact on the upcoming elections, because whichever party wins the elections, Bitcoin can contribute to a higher peak. And if Donald Trump wins, expect Bitcoin to make a new all-time high ATH very soon.

Many people are motivated by the rising Bitcoin price and investors are waiting for a big return, so for those who are still thinking about Bitcoin investment I say start investing today and keep going!

I wouldn't say it's decreasing; it almost reached a new ATH a few days ago, and since then, it has been ranging between $68,000 and $70,000. I would say that it's generally stable, while its volatility has decreased the past few months, with minor price fluctuations that usually recovered within a couple of days. We're only a few hours away from the 2024 U.S. elections, and I'm also positive that Trump can influence Bitcoin's price positively. I'm not keeping much track of the U.S.'s politics, but I'm confident that Trump is going to win.

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Quote from: Odusko on October 27, 2024, 04:00:11 PM

but the problem is, when that time for the bull market will be and hoping that it doesn't take most of us unaware.

That is why we must be prepared, both for that and for the opposite case, remember that sometimes the market does the opposite of what the masses think, and in this sense one does not know what to think, there we saw the halving effect, we all expected the price to reach about $ 100k but no, it went down in price, so for now you can buy it seems fine to me, if the price goes down then continue buying, as they say but there you go buy in the dip, but it is the most advisable, the nice thing is if every time the price goes down you have enough money to buy hard , for that reason those of us who do the DCA method need to ensure thoroughness.

bullrun2024bro

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It's all over the news from time to time, quite funny that Bitcoin Magazine just posted this about 15 minutes ago on X:

Source: Bitcoin Magazine

But you have to remember, these are news outlets, they farm engagement of course.

Quote from: Dave1 on November 02, 2024, 07:31:30 AM

But yeah, maybe at the start of the November and the next coming 6 months, we could be seeing a massive pump again. The election is coming and so I'm expecting that we should be getting near all time high prices again or even established a new one and then it will go slowly increasing like every month and reach 6 figures.

Agree, the next 6 months should bring higher BTC prices, no matter who wins the election on Tuesday.

Pretty sure 6 figures will be the new normal in a few months (that doesn't mean that we won't dip below 6 figures again ofc.)

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Quote from: Ultegra134 on October 30, 2024, 05:41:07 PM

Quote from: jaberwock on October 27, 2024, 03:40:39 PM

What about on the past or now? You are here already, so which means you have an interest with BTC. Also, being stable in price is still a good thing and better than if the market is bearish even though it can also allow us to buy cheaper. With what what is said earlier that the market haven't dumped yet, it is a sign that the bull run is still around the corner and can get resumed anytime of the day most especially now that we are on the final quarter of the year.

There is no limit about the bull run that we can get which is okay because a bull run is a very good time. It allows us to sell for a very good profit and if in case the bull run is delayed these days/times, we can surely get it it later down the road.

If I'm honest, I don't mind price fluctuations, I'm usually delighted during bear market because I can accumulate more at a significantly cheaper rate. On the contrary, bull market decreases my pace of accumulation and it's the main reason I'm not that fond of it, which is why I didn't mind the relatively stable price during the last few months. However, I was flabbergasted seeing Bitcoin almost surpassing another ATH, being less than $100 away, it was something I wasn't expecting this time of the year.

If we look at the Bitcoin market system, we can see that the price of Bitcoin has been decreasing gradually for the past few days. Bitcoin is volatile but it continues to move at a certain pace, the rising price is a prime example of that. I can imagine that Bitcoin will definitely have a positive impact on the upcoming elections, because whichever party wins the elections, Bitcoin can contribute to a higher peak. And if Donald Trump wins, expect Bitcoin to make a new all-time high ATH very soon.

Many people are motivated by the rising Bitcoin price and investors are waiting for a big return, so for those who are still thinking about Bitcoin investment I say start investing today and keep going!

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Quote from: Ultegra134 on November 02, 2024, 08:58:00 AM

Quote from: Yaunfitda on November 02, 2024, 08:12:01 AM

You can put it that way, regardless of the result of the US election, Bitcoin will have not choice but to go on a bull run this 2024 to 2025. We've known that the market is very unpredictable, even if you see at the price prediction games here, there are those who join the contest that I think might win, but in the matter of just 48 hours the prices changes and so there is a new set of winners.

So this trend could be the same, very volatile and yet sooner or later there could be a big price rise, a parabolic increase and then the next thing we know, the price is already at the $100k price range. So 6 months, or in a year, we could achieved that price.

Well, the elections are on Tuesday, so we'll see how things progress soon enough. However, I'm not too familiar with the elections and who's likely to win, but from my understanding the main two candidates, Trump and Kamala have shown an interest in cryptocurrencies, which may perhaps alter Bitcoin's movement in the short-term. I don't doubt that Bitcoin will thrive no matter the election outcome, but it may have short-term negative or positive result. We'll see in a few days, despite that, I'm extremely confident about 2025 regarding Bitcoin's performance.

Only Trump has expressed public support for Bitcoin, Kamala has shown no interest in Bitcoin or cryptocurrencies, she has ignored and barely mentioned cryptocurrencies throughout the campaign. So the election results will have an impact on Bitcoin's movement in the short term.

In case Kamala wins and stays neutral on bitcoin then we could see a bull run, but if she goes against bitcoin and enacts tough policies then I doubt we will see a bull run in 2025. We should accept the fact that things have changed from the past, bitcoin is getting attention from the government and they have a significant impact on it through policies. It can be said that the development of bitcoin these days depends on the government, on the world economy, whether we like it or not, that is the truth.

Ultegra134

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Quote from: Yaunfitda on November 02, 2024, 08:12:01 AM

You can put it that way, regardless of the result of the US election, Bitcoin will have not choice but to go on a bull run this 2024 to 2025. We've known that the market is very unpredictable, even if you see at the price prediction games here, there are those who join the contest that I think might win, but in the matter of just 48 hours the prices changes and so there is a new set of winners.

So this trend could be the same, very volatile and yet sooner or later there could be a big price rise, a parabolic increase and then the next thing we know, the price is already at the $100k price range. So 6 months, or in a year, we could achieved that price.

Well, the elections are on Tuesday, so we'll see how things progress soon enough. However, I'm not too familiar with the elections and who's likely to win, but from my understanding the main two candidates, Trump and Kamala have shown an interest in cryptocurrencies, which may perhaps alter Bitcoin's movement in the short-term. I don't doubt that Bitcoin will thrive no matter the election outcome, but it may have short-term negative or positive result. We'll see in a few days, despite that, I'm extremely confident about 2025 regarding Bitcoin's performance.

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Quote from: Orpichukwu on October 30, 2024, 02:32:30 PM

Quote from: mirakal on October 30, 2024, 06:28:05 AM

We can’t ignore the huge influence they have on the market. A lot of small investors just follow their lead, and we can clearly see the impact this has on price movements.

This is very correct. I know of traders whose buying and selling decisions are based on whales track alert. If they see news of whales accumulating big on bitcoin or any other crypto, they do the same with the little they can afford and sell off when ever those whales make a sell move, as they believe that there's something they see in that market that makes them take any decision at every point in time.

If they can use that moment for their advantages, they will make a profit like what the whales get. They are right behind on the whales moves so they can get the time to act. But that will not easy as the whales moves can not be predicted and they must be careful to decide.

They must monitor the market or search for the news from many sources. That will not be easy because among many news they found, some news can be fake and makes them pick a wrong decision. So only awareness and be careful of the sources that they can do before they decide.

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Quote from: Franctoshi on October 30, 2024, 03:58:30 PM

Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

From a source I followed that monitors some whales transactions, a lot of increasing Bitcoin transactions has been going on lately, Bitcoin moving from exchanges to wallets and USDT moving from wallet to exchanges, signaling Buying presure, even from what I can read from the chart, you can tell that there's massive accumulation going on and not only now but over the past few months after Halving, but seem what we are seeing now is whales trying to take their last positions in the market before the final ride.

It is not surprising that whales have started moving their assets to the exchange so that there has been a price increase in the last few days, of course a bull run pattern will soon form, especially as you said after a few months of halving the whales are trying to take positions because they know a bull run is coming. The bull run pattern will always be the same even though the time is not the same after this halving, we can see it from the previous having-halving. After the halving occurs, a few months later the bull run occurs, I hope this will happen soon.

I will take steps like whales to continue buying bitcoin at times like this, especially this month there is a general election in the US, of course this will be one of the bitcoin factors to create a bull run. If whales have started collecting bitcoin, it will be a good sign, so take advantage of moments like this to continue collecting bitcoin with dca.

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Quote from: Ultegra134 on November 02, 2024, 07:51:11 AM

Quote from: Dave1 on November 02, 2024, 07:31:30 AM

We've got some movement and almost hit a new all time high, but currently, it's sitting just below the $70k region. And we end up October with a big increased, and when we thought that it's going to be bad, it rose 11%, so that is really good to ending for us.

But yeah, maybe at the start of the November and the next coming 6 months, we could be seeing a massive pump again. The election is coming and so I'm expecting that we should be getting near all time high prices again or even established a new one and then it will go slowly increasing like every month and reach 6 figures.

I was quite surprised to be honest, I wasn't expecting such a price increase in November, I was anticipating that Bitcoin would follow its previous, relatively stable trend, but generally, it has been proven that the market is unpredictable. The upcoming elections might make the difference, whether that's positive or negative, we'll see in a few days, and perhaps we then can predict with higher accuracy what's going to happen in the upcoming months. Provided things continue as they are, I believe it's inevitable to see a new ATH of over $75,000 anytime soon, in 2025.

You can put it that way, regardless of the result of the US election, Bitcoin will have not choice but to go on a bull run this 2024 to 2025. We've known that the market is very unpredictable, even if you see at the price prediction games here, there are those who join the contest that I think might win, but in the matter of just 48 hours the prices changes and so there is a new set of winners.

So this trend could be the same, very volatile and yet sooner or later there could be a big price rise, a parabolic increase and then the next thing we know, the price is already at the $100k price range. So 6 months, or in a year, we could achieved that price.

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Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

Whether it is a trick or strategy that leads to reverse speculation or manipulation, I used to think that Bitcoin's development tricks are always changing, we understand that after the halving happened yesterday there was no real development for Bitcoin like what happened before, I was thinking, why.....! Maybe that's how whales create and how they build new nests.

As happened when the halving occurred, a new ATH was created, but not this time, is it possible that an ATH will occur in the next few months after the halving occurs, this is indeed confusing speculation, many Bitcoin experts are confused by the current situation, Whale games can really make Bitcoin users nervous, many people currently believe and don't believe in what will happen to Bitcoin in the future, is this a new strategy being played.

If you look at the OP news, I think something strange is happening for the future development of Bitcoin, everyone is putting hope after the halving happens, confusing facts happen, I think this is a strategy that brings good luck.

Ultegra134

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Quote from: Dave1 on November 02, 2024, 07:31:30 AM

We've got some movement and almost hit a new all time high, but currently, it's sitting just below the $70k region. And we end up October with a big increased, and when we thought that it's going to be bad, it rose 11%, so that is really good to ending for us.

But yeah, maybe at the start of the November and the next coming 6 months, we could be seeing a massive pump again. The election is coming and so I'm expecting that we should be getting near all time high prices again or even established a new one and then it will go slowly increasing like every month and reach 6 figures.

I was quite surprised to be honest, I wasn't expecting such a price increase in November, I was anticipating that Bitcoin would follow its previous, relatively stable trend, but generally, it has been proven that the market is unpredictable. The upcoming elections might make the difference, whether that's positive or negative, we'll see in a few days, and perhaps we then can predict with higher accuracy what's going to happen in the upcoming months. Provided things continue as they are, I believe it's inevitable to see a new ATH of over $75,000 anytime soon, in 2025.

Dave1

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Quote from: Ultegra134 on October 25, 2024, 12:32:38 AM

Quote from: Dave1 on October 24, 2024, 11:10:14 PM

Well it could be that they are preparing themselves for a big rally, or maybe they are just whales, trying to out buy everyone and have a lot of Bitcoin at their disposal because we all know that sooner or later, we are going to hit new all time high again.

It's not that there is a possibility of a bull market in 2025, we are in the bull market already. Although it could be a different bull run since we have hit new all time high prior to the halving itself. But still we are very positive that somewhere next year, we might be really seeing a 6 digit price of Bitcoin.

It's a little bit of both; whales are constantly acquiring more Bitcoin; however, statistically, we've seen that major whales are upping their purchases if they're anticipating market growth. Also, I agree, we're already in the bull market, even though it doesn't seem that way. I remember reading another topic a few days ago that this has been the least volatile bull period Bitcoin has ever noticed. I'm also positive that in less than 6 months to a year, Bitcoin will have surpassed $100,000 and hit 6 figures.

We've got some movement and almost hit a new all time high, but currently, it's sitting just below the $70k region. And we end up October with a big increased, and when we thought that it's going to be bad, it rose 11%, so that is really good to ending for us.

But yeah, maybe at the start of the November and the next coming 6 months, we could be seeing a massive pump again. The election is coming and so I'm expecting that we should be getting near all time high prices again or even established a new one and then it will go slowly increasing like every month and reach 6 figures.

Ultegra134

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Quote from: jaberwock on October 27, 2024, 03:40:39 PM

What about on the past or now? You are here already, so which means you have an interest with BTC. Also, being stable in price is still a good thing and better than if the market is bearish even though it can also allow us to buy cheaper. With what what is said earlier that the market haven't dumped yet, it is a sign that the bull run is still around the corner and can get resumed anytime of the day most especially now that we are on the final quarter of the year.

There is no limit about the bull run that we can get which is okay because a bull run is a very good time. It allows us to sell for a very good profit and if in case the bull run is delayed these days/times, we can surely get it it later down the road.

If I'm honest, I don't mind price fluctuations, I'm usually delighted during bear market because I can accumulate more at a significantly cheaper rate. On the contrary, bull market decreases my pace of accumulation and it's the main reason I'm not that fond of it, which is why I didn't mind the relatively stable price during the last few months. However, I was flabbergasted seeing Bitcoin almost surpassing another ATH, being less than $100 away, it was something I wasn't expecting this time of the year.

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Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

From a source I followed that monitors some whales transactions, a lot of increasing Bitcoin transactions has been going on lately, Bitcoin moving from exchanges to wallets and USDT moving from wallet to exchanges, signaling Buying presure, even from what I can read from the chart, you can tell that there's massive accumulation going on and not only now but over the past few months after Halving, but seem what we are seeing now is whales trying to take their last positions in the market before the final ride.

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Quote from: mirakal on October 30, 2024, 06:28:05 AM

We can’t ignore the huge influence they have on the market. A lot of small investors just follow their lead, and we can clearly see the impact this has on price movements.

This is very correct. I know of traders whose buying and selling decisions are based on whales track alert. If they see news of whales accumulating big on bitcoin or any other crypto, they do the same with the little they can afford and sell off when ever those whales make a sell move, as they believe that there's something they see in that market that makes them take any decision at every point in time.

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We can’t ignore the huge influence they have on the market. A lot of small investors just follow their lead, and we can clearly see the impact this has on price movements. While this might be the start of prices rising again, I’m still not confident that it’ll take us to a new all-time high. For every person buying, there are others selling and taking advantage of the situation, which is why it’s rare to see prices steadily rising without fluctuations. Not everyone’s riding the same wave, and the ups and downs are still very much felt. Maybe I’m wrong, but I still think hitting $100k as a new all-time high is going to be tough.

Odusko

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Those that accumulate between when the last discount price mark of 60k before the jump that recovered the price back to around 67k+ at the moment, so for sure the whales already understand this Bitcoin market formula and their constantly taking the needed steps to accumulate more and placing themselves in the position to control the market in whichever direction they want, so also are the trader's who understands the time taking similar step to buy more Bitcoin each time the price provides them with such opportunity to do so, and at such a a lot of profits are being made from that approach.

So I am not surprised to see that statistics of whales who are taking the steps to accumulate the amount and number of Bitcoin to filld up the bags, and keeping it ready to be offloaded when the price skyrocket to a merging that their will be at high profits and also be able to influence the price in whichever way possible.

Whatever price movement and all time high movement that bitcoin have made in the past, is just a tip of the iceberg because in the next bull market, Bitcoin may likely double the last all time price as it benchmark at that time, but the problem is, when that time for the bull market will be and hoping that it doesn't take most of us unaware.

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Quote from: Ultegra134 on October 24, 2024, 05:01:29 PM

Bitcoin almost reached $70,000 a few days ago, something which sparked my interest because the past few months have been quite stable, barely surpassing $65,000. There's still a possibility of a bull market till 2025.

What about on the past or now? You are here already, so which means you have an interest with BTC. Also, being stable in price is still a good thing and better than if the market is bearish even though it can also allow us to buy cheaper. With what what is said earlier that the market haven't dumped yet, it is a sign that the bull run is still around the corner and can get resumed anytime of the day most especially now that we are on the final quarter of the year.

There is no limit about the bull run that we can get which is okay because a bull run is a very good time. It allows us to sell for a very good profit and if in case the bull run is delayed these days/times, we can surely get it it later down the road.

LUCKMCFLY

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For me it is obvious that the whales are buying BTC, the market itself says so, when it went up to $69k, then it went down, then it went up, then it went down again, even when the price range is below $65k things are very good for them to buy, in fact we are not surprised that the market can go down much more, it is normal if they enter from an exchange with shorts because that is what they have done, in fact they got Bitfinex into a tremendous problem because of that, saying that they were printing USD everywhere, but what really happened is that the majority of investors entered with shorts so that others would sell in panic and they would buy, so that strategy can happen again.

fulcare

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Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

I'd rather not speculate on whether or not history repeats itself, but simply have a look at the fundamentals and how Bitcoin is perceived by various actors in public. Talking about 2020 to 2021, that was still a time when Bitcoin got bashed by most politicians, now it gets embraced at least seemingly or they pretend to embrace it. I am particularly talking about the US politicians here, but in other countries as well. Bitcoin is not the rat poison anymore that it was once said to be. Some people would still like to get rid of it, but by now understood that there is no getting rid of it.

Your analysis or assumption could be true, could not be true. I would rather stick to my guns here and come up with my own assessment, which is not so much focused on the timeframe, but on the yes or no. Will Bitcoin go up? Very likely yes. Does it matter when? Not so much.

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Whales is not the only company that is accumulating bitcoin aggressively even metaplanet in asia accumulated 1billion yen worth of bitcoin this period everybody is busy accumulating bitcoin towards the next bull run

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It is not surprising because whales not only have the ability in finance but also in the market, their purchase will affect the market and that is the main target especially now when Bitcoin is bullish, meaning people are buying but for whales of course they already have Bitcoin at a lower price than now to take profit at a higher price, maybe next year.

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Quote from: Bialke on October 24, 2024, 04:59:20 PM

[Sarcasm] Yes, of course. The whales sitting all together in their secret office to operate this secret plan. [/Sarcasm]

Whatever are they planning still they are accumulating and that is the main topic here and also this same scenario we are seeing before the bull run,and before the all time high recording.

for me this is welcoming and valuable to the holders .

aoluain

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It makes sense that whales are accumulating Bitcoin after all we are in a Bull market
and soon there will be a Bull run because se are in this part of Bitcoins cycle. TBH
I dont see this as a surprise that they would do that, I would speculate that there is
more accumulating happening now than selling off.

In terms of Whales, they are in a position to accumulate in times like this
without the need to sell out of necessity.

Ultegra134

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Quote from: Dave1 on October 24, 2024, 11:10:14 PM

Well it could be that they are preparing themselves for a big rally, or maybe they are just whales, trying to out buy everyone and have a lot of Bitcoin at their disposal because we all know that sooner or later, we are going to hit new all time high again.

It's not that there is a possibility of a bull market in 2025, we are in the bull market already. Although it could be a different bull run since we have hit new all time high prior to the halving itself. But still we are very positive that somewhere next year, we might be really seeing a 6 digit price of Bitcoin.

It's a little bit of both; whales are constantly acquiring more Bitcoin; however, statistically, we've seen that major whales are upping their purchases if they're anticipating market growth. Also, I agree, we're already in the bull market, even though it doesn't seem that way. I remember reading another topic a few days ago that this has been the least volatile bull period Bitcoin has ever noticed. I'm also positive that in less than 6 months to a year, Bitcoin will have surpassed $100,000 and hit 6 figures.

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Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

History will definitely repeat itself, as we've got the 4-year cycle there goes the whales that will continue to accumulate. With this, it won't be amusing anymore that the whales are actually accumulating at a faster rate. They don't want to be left behind and they know more than us that this bull run is much better and will be different than the past. With the increase in the percentage of accumulation, if they're doing that then those that haven't considered accumulating yet needs to do something for themselves already so that they will be able to ride on this bull run before they feel that they've been left behind already.

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Quote from: Ultegra134 on October 24, 2024, 05:01:29 PM

Quote from: Questat on October 24, 2024, 04:25:22 PM

Regardless of the season, new and old whales will find ways to accumulate vast amount of bitcoin. So even if bull run is here to come, that won't stop them from accumulating more bitcoin by trying to create some fuds that will affect the price and that's when they will take advantage and buy massive amount.

While those regular investors cannot relate to this, but big whales have their own ways on how they can take an edge in the market and buy bitcoin at a massive.

Although it's not necessarily an indicator that something is happening, I'm guessing that the whales are on to something. A few weeks ago I wasn't confident that Bitcoin was capable of surpassing its previous ATH, but now it's something that looks quite possible. Bitcoin almost reached $70,000 a few days ago, something which sparked my interest because the past few months have been quite stable, barely surpassing $65,000. There's still a possibility of a bull market till 2025.

Well it could be that they are preparing themselves for a big rally, or maybe they are just whales, trying to out buy everyone and have a lot of Bitcoin at their disposal because we all know that sooner or later, we are going to hit new all time high again.

It's not that there is a possibility of a bull market in 2025, we are in the bull market already. Although it could be a different bull run since we have hit new all time high prior to the halving itself. But still we are very positive that somewhere next year, we might be really seeing a 6 digit price of Bitcoin.

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Quote from: Questat on October 24, 2024, 04:25:22 PM

Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

Regardless of the season, new and old whales will find ways to accumulate vast amount of bitcoin. So even if bull run is here to come, that won't stop them from accumulating more bitcoin by trying to create some fuds that will affect the price and that's when they will take advantage and buy massive amount.

While those regular investors cannot relate to this, but big whales have their own ways on how they can take an edge in the market and buy bitcoin at a massive.

You are right, whales always try to accumulate bitcoin no matter what season we are in because they are the ones with money and they have different strategies than us. They are not like retail investors like us, we need to wait, determine the trend to buy...but they buy whenever they want.
A real-life example that we can easily see is MicroStrategy, they have been continuously buying bitcoin since the 2021 bull season until now, they hardly care about what bitcoin price is trading at. Likewise, Blackrock has been buying bitcoin since the bitcoin ETF was approved, they have never sold a single bitcoin.
Whales are buying more and more while we, the little shrimps, are selling bitcoin every day because of Fud. Cheesy

Ultegra134

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Quote from: Questat on October 24, 2024, 04:25:22 PM

Regardless of the season, new and old whales will find ways to accumulate vast amount of bitcoin. So even if bull run is here to come, that won't stop them from accumulating more bitcoin by trying to create some fuds that will affect the price and that's when they will take advantage and buy massive amount.

While those regular investors cannot relate to this, but big whales have their own ways on how they can take an edge in the market and buy bitcoin at a massive.

Although it's not necessarily an indicator that something is happening, I'm guessing that the whales are on to something. A few weeks ago I wasn't confident that Bitcoin was capable of surpassing its previous ATH, but now it's something that looks quite possible. Bitcoin almost reached $70,000 a few days ago, something which sparked my interest because the past few months have been quite stable, barely surpassing $65,000. There's still a possibility of a bull market till 2025.

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[Sarcasm] Yes, of course. The whales sitting all together in their secret office to operate this secret plan. [/Sarcasm]

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Quote from: Questat on October 24, 2024, 04:25:22 PM

Regardless of the season, new and old whales will find ways to accumulate vast amount of bitcoin. So even if bull run is here to come, that won't stop them from accumulating more bitcoin by trying to create some fuds that will affect the price and that's when they will take advantage and buy massive amount.

While those regular investors cannot relate to this, but big whales have their own ways on how they can take an edge in the market and buy bitcoin at a massive.

This is what some people call manipulation, Many people think that this people actually control or manipulate the price but I say they don’t but rather they manipulate the regular investors. Take for example Microstrategy, they usually buy whenever there is dip but guess what they make every of their move public, I feel this is just to get the crowd moving with them and when they announce sale there’s FUD by People so that they can buy at the cheaper price. Bitcoin whales are always those who are waiting to seize the opportunity to get a discount buy.

The recent movement of bitcoin and the timing is something that will intrigue an investor to accumulate although it is not FOMO if the plan is to hodl for long other than it is FOMO. This is the last quarter of the year and it is widely expected that a pump in this period is actually going to be the start of the much anticipated bull run and as such whales just want to add more to their holdings. For regular investors it is best to stick to your own DCA

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Quote from: GigaBit on October 23, 2024, 08:10:29 AM

All bitcoiners have preconceived notions of bitcoin bull run before the price of bitcoin rises. When the excitement of a bull run works its way through, Bitcoin prices peak after that period. The idea we had from 2020 turned into reality in 2021. Which was the highest price ever at that time. Likewise, we expect a bigger bull market in 2024-25 than that. Meanwhile, all those who are whale investors are trying to hold Bitcoin as much as they can. Those who doing DCA are also trying to get a good preparation. A bull market excitement has been created all around which has come to such a state even before the last bull market. But those who will benefit the most in a bull market will increase their portfolio accordingly. Nowadays not only whale investors but all types of investors are preparing them self.

The fact is that, no one can tell when bitcoin bull market will happen and if we keep specualtive asides and face the reality of things, bitcoin have done what we call pre bull market run up in 2024 so expecting another bull market within this time frame can be almost an impossible speculations, and if all things be equal, bitcoin will have it next bull market possibility in the year 2025 which is the year where bitcoin ETF would have gained alot of ground already.

And yes those that are currently DCA bitcoin are going to be in a good position that time and for sure alot of whale's who are currently accumulating bitcoin also will offload alot of their bag since the price will be 2x of the current price of bitcoin and also doubling the previous all time high price by then, at least that will give alot of excitement in the community.

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Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

Regardless of the season, new and old whales will find ways to accumulate vast amount of bitcoin. So even if bull run is here to come, that won't stop them from accumulating more bitcoin by trying to create some fuds that will affect the price and that's when they will take advantage and buy massive amount.

While those regular investors cannot relate to this, but big whales have their own ways on how they can take an edge in the market and buy bitcoin at a massive.

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Quote from: GigaBit on October 23, 2024, 08:10:29 AM

All bitcoiners have preconceived notions of bitcoin bull run before the price of bitcoin rises. When the excitement of a bull run works its way through, Bitcoin prices peak after that period. The idea we had from 2020 turned into reality in 2021. Which was the highest price ever at that time. Likewise, we expect a bigger bull market in 2024-25 than that. Meanwhile, all those who are whale investors are trying to hold Bitcoin as much as they can. Those who doing DCA are also trying to get a good preparation. A bull market excitement has been created all around which has come to such a state even before the last bull market. But those who will benefit the most in a bull market will increase their portfolio accordingly. Nowadays not only whale investors but all types of investors are preparing them self.

apparently it seems the accumulation phase resumed, the whales might be accumulating at this price because they know what's coming and expect bitcoin price to go higher than previous ATH in 2025. as for this year, I just expect the price to go sideways again I guess, this is the thing with BTC market, always so complicated to predict Grin

.
I mean great deal of people caught off guard seeing the recent rally that suddenly rose up really high to almost hitting $70k, everyone thought BTC gonna just follow descending channel pattern and go around $50k again but turns out we're wrong.

as of now the market is having retracement and it could mean two things, it's just small retracement to create candle wick and will resume the rally after wards. or resuming the accumulation phase.

GigaBit

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All bitcoiners have preconceived notions of bitcoin bull run before the price of bitcoin rises. When the excitement of a bull run works its way through, Bitcoin prices peak after that period. The idea we had from 2020 turned into reality in 2021. Which was the highest price ever at that time. Likewise, we expect a bigger bull market in 2024-25 than that. Meanwhile, all those who are whale investors are trying to hold Bitcoin as much as they can. Those who doing DCA are also trying to get a good preparation. A bull market excitement has been created all around which has come to such a state even before the last bull market. But those who will benefit the most in a bull market will increase their portfolio accordingly. Nowadays not only whale investors but all types of investors are preparing them self.

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Quote from: Oshosondy on October 21, 2024, 08:16:24 AM

Quote from: asriloni on October 20, 2024, 08:46:55 AM

It most likely we're heading toward the same bullrun that happened in 2022 & 2018. There are more long-term holder wallets. This means more people are buying BTC to hold it long-term. It seems the bullrun is gonna start very soon.

Both 2018 and 2022 were bear market that many bulls turned bears. The price of bitcoin and other cryptocurrencies fell during those years. The bull year were 2016/2017 and 2020/2021 which are the bull years that you are referring to.

And I think bulls come become bears as well, specially in years that the price is going down, it will make sense for them to accumulate and I think that's where it separates the wise and smart investors from all other investors.

As this whales knows when to enter the market and then accumulate as many as they can as the price is really cheap. Just imagine the lowest low for this bear cycle, it is $15,500 and so if they were able to buy in bulk and then just hold up to this day, this whales have a lot of profits already.

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With the current momentum, it is true that Bitcoin whales are accumulating at a very fast pace, with inflows reaching up to $1 billion daily in October 2024. The buildup now somewhat resembles that seen in 2020 before the big bull run in 2021. On-chain data reveals lots of institutional activity where old and new whales are adding more Bitcoin to their treasuries, could be a signal for a bullish trend coming.

https://coingape.com/heres-how-100k-weekly-bitcoin-inflows-are-setting-stage-for-next-btc-bull-run/

Yet, it is not as crystal-clear. However I also see that Bitcoin's price is still showing lower highs and lower lows, an indication that this market may not go into an explosion of growth as fast as some people would expect. With history perhaps repeating, but expecting the same huge growth rate might be a tad optimistic. I think we also have to look at different indications.

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Quote from: asriloni on October 20, 2024, 08:46:55 AM

It most likely we're heading toward the same bullrun that happened in 2022 & 2018. There are more long-term holder wallets. This means more people are buying BTC to hold it long-term. It seems the bullrun is gonna start very soon.

Both 2018 and 2022 were bear market that many bulls turned bears. The price of bitcoin and other cryptocurrencies fell during those years. The bull year were 2016/2017 and 2020/2021 which are the bull years that you are referring to.

asriloni

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It most likely we're heading toward the same bullrun that happened in 2022 & 2018. There are more long-term holder wallets. This means more people are buying BTC to hold it long-term. It seems the bullrun is gonna start very soon.

We have crossed 60k, 65k, then 68k. I'm very bullish on BTC. If it runs at the current rate, it will hit a new ATH, like the DJ and SP500. And it will attract fresh money to inflow BTC ETF. Hopefully, we will cross 70k in the upcoming week.

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I personally also think that the buy pressure is so strong it's unusual, despite huge open interest at peak that indicates retailer shorting BTC, the whale just keep accumulating.

I think we've flipped the resistance zone to support zone for real this time around, moreover 7d chart shows bitcoin already making a break out.

moreover ETF inflow has been positive for 6 consecutive days, we all know what direction we're heading right now Wink

.

Akbarkoe

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This is like what happened in the previous cycle, the biggest catalyst at this time will occur in November because the US election will occur, those popes are aware that there will be a big thing happening again with bitcoin, they collect bitcoin right close to this election shows that some popes will also bet their money to increase the price on bitcoin before and after this US election, then some positive things from CPI data, US unemployment index data decreased, inflation decreased it makes optimistic space for future bitcoin movements, there is always a reason why the popes take their position. Wink

ajiz138

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This is just the initial phase of the bullrun, approaching $70K is an indication that investors think history is likely to repeat itself.

The whales have a unique way of accumulating their bitcoins, as we know they could be manipulating the market but that is not entirely true where the whales want to make big profits so they know when to buy in preparation for the bullrun.

We will enter where the market leads to a positive trend.

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Between mtgox and Germany dumping a ton of Bitcoin on the market, I would say that everyone is accumulating Bitcoin heavily right now. Without massive buying we could have easily seen the price dip into the 20s, as the selling volume was there. Blackrock and other entities have been buying heavily at levels I think most people aren't aware of or are in denial of. The coming Bitcoin boom is really going to shock people. With Blackrock on board now, you know their profits will be explosive. They don't get involved if they don't have a plan to make a ridiculous amount of money. We're going to see that plan play out in the next 12 months.

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The charts certainly confused people about what the market would do as it seemed very overbought since the price touched $73k. It dips back to $49k but that was just it and most probably those whales are also waiting for the price to dip back closer to that price again. Yet if this uptrend is going to leave them behind, they gotta buy back right now.

The price has stayed up since last month so it must be a bull run again. Or we can wait for what will happen next.

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Quote from: Oshosondy on October 19, 2024, 07:37:36 AM

Quote from: Odohu on October 19, 2024, 07:09:53 AM

Will it not be best to post this in Bitcoin Discussion instead of the service board?

I made a mistake. I wanted to post it on bitcoin speculation board but I mistakenly posted it on service board. The right board for it is not bitcoin discussion board but bitcoin speculation board and I have moved it there. But thanks for letting me know, it makes me know that I posted it on the wrong board.

Yeah I first comment on this thread while it was in the service section unknowingly a, only a few seconds after that I saw this thread have been moved to speculation board which is the right board, the fact is that, bitcoin speculations is somewhat hard to do and for that whales believes in just one thing which is accumulation of more bitcoin at any discounted price, which will put them in the best position to make profits.

salad daging

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Surely history will repeat itself - believe in it.

The pope collects bitcoins different from us they have a lot of bitcoins when bought in his accumulation so when there is an increase then it is an expectation but the pope can hold longer even though profits are in sight.

It should follow in the footsteps of the pope how to buy it, but it will be a little different what we do.
Maybe the whales will dump their goods during the bullrun.

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For newbies who may stumble on this thread and may not know what to do during the bull run, here are some ideas. First is the DCA which stands for Dollar Cost Average. Investing a fixed amount according to your capacity at a set interval. You may choose to invest $50 dollars in bitcoin weekly or $100 weekly, that kind of thing. And which ever amount you choose, be disciplined enough to stick with it. Do not be distracted by other bitcoiners who will be taking profit at this time, remember they have seen more bullruns and because they were disciplined enough they are now going to take profit but this is not you. Stick to your plan. Secondly, it has been said, please do not use any leverage, it does not show good risk management.

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Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

I don't know much about history repeating itself in accordance to July 2020, but I feel accumulating aggressively in large sum has always been the nature of whales wallets, so if there are speculation of a possible bull run with regards to how whales wallets have been accumulating then I will take that with a pinch of salt, as accumulating that much is a normal thing to them regardless if there is a bull run by the corner or not.

If there is a bull run coming up anything time soon, then its a good a thing, however I feel the news agency are just being speculative looking at the staggering figures the whales wallets are accumulating.

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Not only whales, but all the smart people are accumulating Bitcoins. They know the capabilities of the coin, and hence are in full acceleration mode. The sign of a bull market is true. As we know, Bitcoins are limited in number, and now the demand to buy the coin is going up. When the demand goes up, the price also goes up due to the fixed supply of coins. So yes, something big is coming. The people who are doing DCAing will be the most profitable people right now.

jcojci

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It is no surprise if new and old whales accumulating Bitcoin more than the other investor. They think that the price now is still cheap so they don't want to miss this chance. That can trigger the bull run to appear in the market and when that is happen, many more people will amaze and start to invest in Bitcoin.

But they are late because the price is already increase. If they want to accumulate more Bitcoin, they must do now before the price increase more. Yes, I also think that the history can repeat itself soon. We can only prepare our Bitcoin by following the whales accumulating more Bitcoin.

Plaguedeath

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This time not only whales are accumulating Bitcoin, but the retails also accumulating Bitcoin because they're want to multiply their money, even Average Joe know Bitcoin bullish after one year from super cycle and bearish in the next year.

Just like people that react when Elon Musk tweeting Bitcoin, even though it's actually has zero impact to be honest.

Awaklara

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Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

I believe there will be a price spike. But the spike repeats history as you said, it will be a huge spike.
Let's say the price at the beginning of this year was around $45k. If the increase in the upcoming bull run is the same as you said 550%, it can definitely break above $200k.
I think that's something amazing, but we want to try to see $100k first which will be the new history of Bitcoin price achievement.

Zlantann

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Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

Buying now puts them in a good position to make profit when the price goes high next year. And they might keep accumulating all through this year, which will keep the market green till the end of the year. I believe the price will not go lower than $60k again; it might hover around $60k and above until it gets to ATH, maybe by early next year.

This is the link or the website that reported this news.

https://cointelegraph.com/news/bitcoin-whales-current-accumulation-trend-emulates-2020-2021-s-550-rally

Quote from: Wiwo on October 19, 2024, 07:31:43 AM

I have always remain bullish on bitcoin since the beginning of the year 2024, because even if bitcoin dropped in price within this time frame, it doesn't remain at that price for long before recovering back again this is very important to take note of and the reason why we can expect any price upward any time within this bitcoin fiscal year.

We should note also that, bitcoin already have been in a bull state for quite sometime now, and bitcoin have hard it all time high price also, and the likelihood that we see another new all time high bitcoin price is still very much possible.

This year's bull season started earlier due to the high publicity given to the approval of the ETF in the US. After the hype died down, the market stabilized. I guess Bitcoin is now maintaining its normal trend, so we can rely on the historical market movement to make predictions.

Oshosondy

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Quote from: Odohu on October 19, 2024, 07:09:53 AM

Will it not be best to post this in Bitcoin Discussion instead of the service board?

I made a mistake. I wanted to post it on bitcoin speculation board but I mistakenly posted it on service board. The right board for it is not bitcoin discussion board but bitcoin speculation board and I have moved it there. But thanks for letting me know, it makes me know that I posted it on the wrong board.

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I have always remain bullish on bitcoin since the beginning of the year 2024, because even if bitcoin dropped in price within this time frame, it doesn't remain at that price for long before recovering back again this is very important to take note of and the reason why we can expect any price upward any time within this bitcoin fiscal year.

We should note also that, bitcoin already have been in a bull state for quite sometime now, and bitcoin have hard it all time high price also, and the likelihood that we see another new all time high bitcoin price is still very much possible.

Nwada001

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I also see the green light on the market will not see the price hike up to 500% as it happened in 2020-2021, but we might like to see bitcoin push to $80k+ if it reaches $75k nonstop without dropping below $70k in the month of October, then the November pump is certain before we will start experiencing a little price correction by December.

Quote from: Learn Bitcoin on October 19, 2024, 07:06:31 AM

I think you wrote on the wrong board. Mistake?

Quote from: Odohu on October 19, 2024, 07:09:53 AM

Will it not be best to post this in Bitcoin Discussion instead of the service board?

I believe it could be a mistake made by the Op; the speculation section of the forum will be best for this content.

Russlenat

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Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

You can move this to the speculation board.

To answer your question, the bull run is already starting, we just need that final push to confirm it--breaking Bitcoin’s current ATH. Once that happens, we’ll see a true bull run. As for predicting the new ATH, it’s hard to pinpoint where it’ll peak, but of course, we can hope for $100k or more. History shows that what seems impossible before the bull run becomes much more achievable in a bull run.

Odohu

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Quote from: Oshosondy on October 19, 2024, 07:05:30 AM

I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

Will it not be best to post this in Bitcoin Discussion instead of the service board?

My simply opinion is that whenever the whales are buying, the best we can do is to follow them and not go against them. So we can as well be buying aggressively as they are doing because the signs are getting clearer than a bull run is upon us. If from this point price gets to 100k, then the current price region of 69k will serve a strong support.

Learn Bitcoin

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I think you wrote on the wrong board. Mistake?

Now, if you talk about the bull run, I guess we are at the pre-bull run phase already. Since Bitcoin dominance is still high, Altcoins did not pump. We need to keep the uptrend momentum for a while to enter the bull market. But as you can see, the market is getting affected by every other news, and the market makers are playing with that. If we accumulate 10K in a month, a single-week dip can take that away. I am ready to wait more than a year to enter the full bull run. The next six months are crucial, though.

Oshosondy

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I read it on news that as the price of bitcoin is getting closer to $70000, that new and old whales wallets are accumulating bitcoin at a speed which resembles July 2020 to January 2021 when bitcoin increased by 550%.

According to the news, what it means is that bull run is likely coming and that this is just the beginning of it. What you think about it? I think history can repeat itself.

Topic: Whales are accumulating bitcoin (Read 665 times)