Bitcoin Price Prediction 2022 – Is BTC Preparing for a 30% Move?
During the European session, Bitcoin is trading bullish , having bounced off above $18,900 to trade at $19,300. According to data compiled by cryptocurrency research firm Santiment, the proportion of large investors who hold the cryptocurrency with the largest market capitalization, Bitcoin (BTC), is growing. At the same time, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone reports that the BTChash rate discount is at a record low not seen since the second quarter of 2020. BTC Addresses Holding $1,900,000,000 BTC Reach 20-Month High The recent research from cryptocurrency research firm Santiment could be one of the reasons for BTC's price action . According to Santiment, the number of Bitcoin whale accounts holding between 10,000 and 100,000 BTC ($190,000,000 and $1,900,000,000) has hit its highest level since February 2021. Moreover, the number of addresses carrying between 10 and 100 BTC ($190,000 and $1,900,000). According to the analytics fi...