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Dancing Whale with Bitcoin Sets Up a New Transaction: Here are the Long and Short Levels! - Coin Newsletter
A crypto whale has perfectly predicted recent drops in the price of Bitcoin (BTC), totaling over $7.5 million.
While there is great risk in correctly predicting price fluctuations in the cryptocurrency markets, some investors can make significant profits from these fluctuations. According to the data shared by Lookonchain, an investor** who has made a significant amount of money from the sharp movements in the price of Bitcoin in the past days is now attracting attention with his new moves.**
This trader first traded on Feb. 22 in favor of price decline when BTC price was hovering around $96,500. Indeed, it wasn't long before the price of Bitcoin fell below $80,000 within a week. The mystery investor made a huge profit by closing his position at **78,900 dollars, which was close to the bottom.
A new opportunity that comes with Trump's decision
A new executive order signed by U.S. President Donald Trump has pushed the price of Bitcoin back up in a short period of time. The investor, who evaluated this development correctly, opened a short position (short pozisyon) again at 94 thousand 424 dollars when the Bitcoin price exceeded 94 thousand dollars again and saw the peak.
The mystery whale's next moves are even more remarkable: the investor now plans to open short positions when the BTC price reaches $92,449 and $92,636, and when the BTC price falls to $70,475 and $74,192, he plans to open positions yönelik( long )fiyatın will rise