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Bitcoin 2024 buyers steady BTC price as trader sees $52K 'next week or so'
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Bitcoin 2024 buyers steady BTC price as trader sees $52K 'next week or so'

Two-year Bitcoin hodlers 'absorbed' seller pressure in recent weeks, according to new research, but most analysts still expect new macro BTC price lows.

2/18/20265 хв. читання4 переглядів

Bitcoin 2024 buyers steady BTC price

According to new data, large Bitcoin holders who acquired the cryptocurrency in 2024 are playing a key role in stabilizing the current BTC price. Despite recent seller pressure, these so-called Bitcoin 'whales' continue to hold their positions, not succumbing to panic.

This is especially important given that most analysts still expect further decline in the Bitcoin price amid the overall macroeconomic downturn. However, one well-known trader believes that BTC could reach the $52,000 mark 'next week or so', suggesting a potential trend reversal.

For the Russian-speaking audience, it is important to understand that the ability of large investors to maintain the BTC price can be crucial for the stability of the entire cryptocurrency market. If the 2024 'whales' continue to hold their positions, it could be a signal for a broader market recovery in the near future.

Expert Opinion

Despite the pessimistic forecasts of most analysts, the presence of large Bitcoin holders formed in 2024 instills optimism. Their ability to withstand seller pressure demonstrates the resilience of Bitcoin and its attractiveness to long-term investors. If this trend continues, it could serve as a foundation for a broader recovery of the cryptocurrency market in the coming months.

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