81% of BTC stocks have not moved in the past 3 months and bearish stocks show strong bullish sentiment

Whales keep accumulating bitcoins. Current analysis shows that Bitcoin whales holding 100-1000 BTC are still very strong assuming Bitcoin. In September, real estate fell sharply and fell, causing prices to drop to an additional $ 40,000. However, the whales took this opportunity to catch them at low cost.

The balance of the wallet containing 100 to 1,000 BTC continued to increase, with a total of 85,700 BTC accumulated in this wallet at the end of September.

As the Bitcoin whale accumulates more Bitcoin, the total supply of Bitcoin in circulation also increases. Current data shows that the total value of Bitcoin held by this whale wallet represents 21.3% of total assets.

2021 is a year marked by the number of Bitcoin "diamond hands" (long held). 81% of all BTC products haven't budged in the past 3 months. This indicator indicates that digital assets will experience downtime.

The number of Bitcoins leaving the exchange more than the entry level indicates that investors have held onto their assets and moved to the security of their personal choosing.

On Tuesday evening, the price of Bitcoin fell below $ 54,000 after the price of this digital asset approached $ 58,000 during the day. Indeed, investors saw gains after real estate hit a four-month high. However, the stock started to rally after falling for an hour and falling over $ 56,000 as early as Wednesday morning.

Jurrien Timmer, global macro leader at Fidelity Investments, estimated on Wednesday that Bitcoin could reach $ 100,000 by 2023.

In an interview with CNBC, Timmer described the recent Bitcoin crisis as "very volatile" unmotivated by strong investors.

In the long run, Timmer believes that Bitcoin will not pose a threat to the US dollar or the US dollar events because the world is saving money.

Timmer noted that Bitcoin is now available in a way that retains its value and will not be converted into something like a currency until it gets more than just an exchange.

Speaking of other markets, Fidelity executives said the stock market was experiencing "volatility" as it entered the midst of a recovery and faced the impact of a heavy season.

Timmer looks at the strength of the bond market and predicts that the 10-year Treasury yield could rise to the next 2% as the US government searches for new products as the Fed begins to restrict its purchases of silver. hli.

Bitcoin jumped 25% last month, outperforming the S&P 500, which fell 2% over the same period.