Okay, so we can see that Bitcoin accumulation is happening, and that richer owners are accumulating coins more than those who own less (but the trend is expanding to smaller owners as well). But what does that really give us?
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For now, there's only a tiny bit of blue if we consider 2024, and it's hard to say if it's going to actually be a major accumulation trend like in November 2023.
I understand it but a trend must be started with some light signals. Sometimes it will fail to create a trend but sometimes, from early light signals, we will gradually see a new solid trend. Let's see.
This is the only thing that can be done as the best option if the ability to collect more Bitcoins like big whales is not possible.
Perhaps you misinterpret my post. By "like whales", I meant that we can follow the game making progress of whales, if they are accumulating and we see it, have spare fund for investment, let's accumulate bitcoin like them but with awareness that whales always have long term plans so don't follow them and expect to get profit in short term.
"like whales" does not mean we are able to buy big amount of
BTC like whales. It's a misunderstood point.
These are great indicators of the great optimism and confidence that ordinary people and large companies have in Bitcoin’s ability to surpass previous peaks and achieve ATH after halving, so naturally all people currently will follow the strategy of accumulating and holding.
They can say it, accumulating and holding but I am sure many of them will fail to hold. They will shake their hands in a bull run with correction because they will believe in fud like, the bull run is over.
If we can hold, we belong to small percent of diamond handed investors and we will have chance to take profit at better price.
