4 Charts showing ‘Big Money’ accumulation in Bitcoin

2 min read

Bitcoin has touched $9K so far this year – price levels not seen since July 2018. The crossing of the psychological level of $10K is still a level that needs to penetrated convincingly to confirm a reversal in the bearish trend as far as I concerned. Nonetheless, the way the crypto kingpin BTC has sustained the gains for the past couple of months is a good sign pointing towards long-term recovery. According to a recent report for diar – a data analysis company which provides expert insights into the global digital currency trading industry, Bitcoin supply holdings have shifted ever…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.