Why are they hurriedly buying $BTC without thinking? One’s may ask
This isn’t retail noise but a smart money positioning. While fear is currently high and various narrative are screaming collapse, there is speculations that large wallets are quietly accumulating Bitcoin $BTC.
Why is it so? Whales don’t chase hype, they usually front-run it. Also, accumulation during uncertainty period usually happen before major moves are carryout by them. It’s well known that weak hands sell fear while strong hands buy liquidity.
This kind of behavior usually shows up near key turning point, not top. Also on-chain reaction doesn’t as price action reflects. Watch out on whales buying.
Stay Alert!