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$BTC is giving mixed signals... and ARK Invest just added fuel to the debate.
On one side, price action looks weak. We broke key supports, momentum faded, and Q1 closed around $68K after a 22% drawdown. Not exactly "bottom is in" vibes.
But on the other side? Whales went shopping
BTCUSDT
Perp
77,593.1
-0.76%
Conviction holders stacked ~1.47MB $BTC, pushing their supply from 2.1M → 3.6M in just 3 months. That's the fastest accumulation since 2020. Translation: strong hands loved the dip. #WCTCTradingKingPK