BTC: សូចនាករទាំងនេះបង្ហាញពីអាកប្បកិរិយារបស់ HODL ប៉ុន្តែការបិទប្រចាំថ្ងៃដ៏ច្បាស់លាស់…

Bitcoin fell under the $41K mark on 21 April, at press time, it was down by 4.27% over the last day. In fact, the whole cryptocurrency market retreated to $1.88 trillion mark.

But how’s the morale?

Well, still very high. Dominant buyers continue to acquire more Bitcoin despite the price witnessing a correction. On-chain data provider សេនធូម reported that whales were accumulating during the recent price drop under $40,000.

ប្រភព៖ Santiment

Looking at the graph, the analytical platform បានកត់សម្គាល់:

“Bitcoin whale addresses holding 100 to 10k $ BTC ប្រមូលបាន 18,104 បន្ថែមទៀត $ BTC ចាប់តាំងពីថ្ងៃទី 10 ខែមេសាតម្លៃធ្លាក់ចុះក្រោម $ 40k ។ ទោះយ៉ាងណាក៏ដោយ ការកាន់កាប់របស់ពួកគេនៅតែធ្លាក់ចុះយ៉ាងខ្លាំងចាប់តាំងពីខែតុលា។ ទន្ទឹមនឹងនោះ USDT buying power looks promising.”

Indeed, the holdings declined a bit but a major chunk still continues to add value despite the volatility. On the other hand, Bitcoin spot exchange reserves reached their lowest levels in over four years, according to data from គ្រីបតូក្វាន់ published on 21 April. This was another bullish development for the BTC holders.

$ BTC Spot Exchanges’ Reserve hits over a 4-year low

តារាងបន្តផ្ទាល់?https://t.co/52cmYEeYFo pic.twitter.com/BqB7koB5i0

- CryptoQuant.com (@cryptoquant_com) ខែមេសា 21, 2022

As past bore the witness, large quantities of Bitcoin moving off exchanges caused prices to climb if the trend maintained for a few days.

This wasn’t the first time that BTC holders showcased this holding pattern. In fact, in mid April, Bitcoin experienced its largest exchange outflow in five weeks. As much as 25,878 or $1.04 billion BTC left crypto exchanges in just a day. Santiment ចែករំលែក this insight in a tweet dated 15 April.

Warning bells are ringing 

Every peak comes with its fair share of warnings. BTC’s current situation fell under the same narrative. Given the current technical chart levels, crypto analyst អាលីម៉ាទីន signaled an alarm.

ប្រភព: Twitter

He opined ។:

“ Bitcoin ត្រូវការត្រលប់មកវិញនៅខាងលើ $40,800 សម្រាប់ឱកាសដើម្បីងើបឡើងវិញដល់ $45,000 ឬសូម្បីតែ $50,000។ ត្រូវដឹងថាការបិទប្រចាំថ្ងៃដែលសម្រេចបានក្រោម $39,400-$38,500 អាចធ្វើឱ្យទស្សនវិស័យសុទិដ្ឋិនិយមមិនត្រឹមត្រូវ ហើយនាំឱ្យមានការថយក្រោយដល់ $35,000 ឬសូម្បីតែ $30,000 សម្រាប់ ដុល្លារ BTC”.