Bitcoin’s price is holding around $105,000 for the week after a tumultuous period that wiped out more than $600 billion from global crypto 0 sharp retreat from its mid-October high of $126,251 has left traders cautious but on-chain data reveals that major holders have been quietly capitalizing on the 1 the short-term uncertainty analysts take the correction to be a classic accumulation 2 wallets are buying the weakness as retail investors are 3 Bitcoin whales are also rebalancing their portfolios into high ROI altcoins like MAGACOIN FINANCE
a project that is quickly gaining traction among smart-money investors looking to gain an edge before the next 4 Price Analysis — $105K Support Zone Holds At the time of writing Bitcoin was trading around $106,756 up 1.7% in 24 hours and daily volumes exceeded $82 5 asset has struggled to recover the $107,500 – $110,000 band that now acts as 6 pointed out that a close above that zone could open the door toward $115,000 a day
while failure could send prices toward $101,000 or even $97,000.
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