| Time | Details |
|---|---|
| 2024-11-18 06:00 |
Bitcoin Transaction Volume Over $1M Indicates Potential Market Movements
According to ki_young_ju, the transaction volume for Bitcoin over $1 million suggests that large investors, or 'giga whales,' might wait for increased exit liquidity before making significant moves. As retail investors potentially enter the market driven by fear of missing out (FOMO) at the $100,000 price level, minor corrections could occur. However, these corrections are not expected to signal the beginning of a bear market. (Source) |
| 2024-11-18 06:00 |
Bitcoin Transaction Volume Suggests Potential for Further Growth
According to ki_young_ju, the current Bitcoin transaction volume for transactions over $1 million indicates that if they were a large-scale investor, they would wait for more exit liquidity. The market is just beginning, and there is potential for retail investors to join in at a $100,000 price point, driven by FOMO (Fear of Missing Out). While some market corrections might occur, these would not necessarily signal the start of a bear market. (Source) |