CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

The Daily Hodl 2025-04-28 14:30:23

Bull Run Setup Forming for Bitcoin Amid Significant Accumulation From Two BTC Investor Cohorts, Says Swissblock

Fresh rallies are in sight for Bitcoin as several on-chain indicators flash green for BTC , according to a prominent analytics firm. On the social media platform X, Swissblock says it expects Bitcoin to ignite a new bull run as investors yank massive amounts of BTC out of crypto exchanges. According to Swissblock, the BTC exchange outflow is reminiscent of activity witnessed in Q4 of last year, when Bitcoin kicked off a rally toward a new all-time high of $110,000. “Exchanges are starting to dry up: BTC outflows surge like late 2024. This signals less selling pressure and more long-term holding. The bull run setup is shaping up, don’t miss the next wave!” Source: Swissblock/X Swissblock adds that about $16.16 billion worth of Bitcoin were taken out of crypto exchanges last week, a sign that BTC whales and long-term holders are entering into accumulation mode. “Major shift in sentiment [last] week for Bitcoin. Large whales accumulating heavily. Long-term holders (LTH) accumulating heavily. Big exchange outflows of 172,000 BTC (XCHG). This is the calm before the storm.” Source: Swissblock/X Long-term holders are entities that have kept their BTC dormant for at least 155 days. Last week, Swissblock noted that BTC needs to break the $95,000 price zone to spark a new leg up. But the firm also said that BTC may first pull back to the $89,000 area to take a breather before going higher. At time of writing, Bitcoin is trading for $93,964. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Bull Run Setup Forming for Bitcoin Amid Significant Accumulation From Two BTC Investor Cohorts, Says Swissblock appeared first on The Daily Hodl .

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta