Following a week of little price movements, Bitcoin (BTC) gained by 0.50%, maintaining its value within a consolidation range of $51,000 – $52,500. However, despite this period of inaction, Bitcoin investors have maintained a consistent level of high accumulation, according to an observation from crypto analyst Ali Martinez. ???????? 1-1K $BTC wallets: 1,237 LESS (0.1% drop)
???? <1 $BTC wallets: 509K LESS (1.0% drop)https://t.co/figQmv3vCh pic.twitter.com/4V7RZKYRce
BTC trading at $51,616 on the weekly chart | Source: BTCUSDT chart on Tradingview.com
Featured image from iStock, chart from TradingView
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Author: Semilore Faleti
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