Bitcoin: Ephemeral rally or the start of new bull cycle? Large investors are confused

Bitcoin: Ephemeral rally or the start of new bull cycle? Large investors are confused


AMB Crypto
2023-01-16 20:30:17

On-chain data revealed that BTC whales are unsure whether BTC’s recent rally marked the commencement of a new bull cycle. Despite the recent price jump, institutional investors stay away from BTC accumulation. New data from on-chain metrics has revealed that despite a 23% increase in the price of Bitcoin (BTC) in the past week, large