Crypto Dan
BTC - Whale movement in recent market
The supply(orange) from 1D to 1W is accumulating. supply of less than 1D(blue) started to rise before the recent rebound of Bitcoin and are now declining. In other words, additional power of further rise the market is weak. Looking at the longer timeframe, The 1W to 1M(purple) supply is moving sideways, and has been held and transferred to the 1M to 3M supply(red box). The supply for 1M to 3M(green) has declined slightly until recently, but is currently on a slight rise, which means the whale is keep holding. In summary, as additional buying momentum is weak in the short term, it's unlikely the rise will proceed. However, the volume the whale bought a month ago($19,000) and the recently purchased supply are being held without realizing profit. Although there is not yet a strong movement as strong as the beginning of the bull market, if investors respond with DCA or split purchases according to each situation, there is a high possibility that good results will come out in the end.