Joseph Young: Bitcoin's rally is more sustainable than previous bull cycles

Joseph Young: Bitcoin's rally is more sustainable than previous bull cycles

Crypto analyst Joseph Young said on Twitter that Bitcoin's rally is more sustainable than previous bull cycles.

Why? Whales are actively buying or accumulating Bitcoin, rather than selling or taking profits.

This strengthens the basis of the upward trend. Interestingly, many whales bought between $30,000 and $40,000. It may be due to the great interest of the entire crypto market caused by the news of Tesla. This is a gratifying medium- and long-term trend.

<<:  IPFS Official @ You | 123rd Weekly Report

>>:  "Dr. Doom" Roubini: Bitcoin is a bubble, primitive people's monetary system is better than it

Recommend

Fate line_a person's life destiny

From a superstitious point of view, the meaning o...

The facial features that indicate financial loss in middle age

The facial features that indicate financial loss ...

What kind of women are likely to marry rich men?

What kind of women are likely to marry rich men? ...

What does the career line represent in men's palmistry?

The career line in palmistry, as the name suggest...

Coin Zone Trends: Bitcoin Price Trends Based on Big Data This Week (2016-04-18)

1. Price Trends The current trend is still not ve...

Do people with full cheekbones usually have better fortune?

Full cheekbones are considered a sign of wealth i...

The complexion of facial features

In physiognomy, by observing a person's facia...

What kind of face cannot keep money?

Everyone is struggling for life, but some people ...

What kind of palmistry can a woman be successful in the workplace?

In life, how can we judge a woman's ability t...

Emotions are in a frenzy, don’t take risks lightly

Madman said Madman believes that people can be di...