{"id":421530,"date":"2020-04-22T17:30:19","date_gmt":"2020-04-22T17:30:19","guid":{"rendered":"https:\/\/wncen.com\/?p=421530"},"modified":"2024-06-11T13:47:49","modified_gmt":"2024-06-11T13:47:49","slug":"number-of-bitcoin-whales-hits-previous-pre-bull-run-level","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/","title":{"rendered":"Number of Bitcoin Whales Hits Previous Pre-Bull Run Level"},"content":{"rendered":"<p><a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a>&#8216;s halving is less than three weeks away, and the anticipation of the massive price increase that is widely expected throughout the crypto market has potentially led to a sharp increase in the number of whales accumulating the first-ever cryptocurrency.<\/p>\n<p>In fact, the number of Bitcoin whales just reached the highest number since December 2017, just as the last batch of whales dumped the asset at an astronomical markup anywhere from $1,000 to $20,000 at the peak.<\/p>\n<h2>Glassnode Data Indicates Whales Are Accumulating Bitcoin Ahead of Halving<\/h2>\n<p>Bear markets might be painful for the investors who bought the top, but for those who bided their time, the opportunity to buy is too good to pass up.<\/p>\n<p>It&#8217;s during downtrends that accumulation takes place, before an asset moves to the mark up phase and the asset&#8217;s price rises once whales or smart money investors have sufficiently accumulated a large enough holding of the asset at low enough prices.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2020\/04\/16\/s2f-alternative-bitcoin-rainbow-chart-says-btc-is-currently-on-fire-sale\/\">S2F Alternative Bitcoin Rainbow Chart Says BTC Is Currently on \u201cFire Sale\u201d\u00a0<\/a><\/strong><\/em><\/p>\n<p><a href=\"https:\/\/glassnode.com\/\" target=\"_blank\" rel=\"noopener nofollow\">Data shows<\/a> that this occurred heavily ahead of <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a>&#8216;s last bull run, with an increase of high-value Bitcoin whales taking positions following the asset&#8217;s halving.<\/p>\n<p>And with Bitcoin&#8217;s next halving less than three weeks away, data shows another uptick in whales accumulating Bitcoin, reaching a level not seen since December 2017.<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">21\/   And the view from on-chain is fascinating.<a href=\"https:\/\/twitter.com\/glassnode?ref_src=twsrc%5Etfw\" rel=\"nofollow\">@glassnode<\/a> reports there are now more <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$BTC<\/a> whales than at any time since December 2017.<\/p>\n<p>I cannot express how bullish that is. <a href=\"https:\/\/t.co\/CmnPSvapuQ\" rel=\"nofollow\">pic.twitter.com\/CmnPSvapuQ<\/a><\/p>\n<p>&mdash; Cole Garner (@ColeGarnersTake) <a href=\"https:\/\/twitter.com\/ColeGarnersTake\/status\/52571138?ref_src=twsrc%5Etfw\" rel=\"nofollow\">April 22, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<h2>Data Shows Crypto Whales Return to Pre-Bull Run Levels<\/h2>\n<p>Following Bitcoin&#8217;s last halving and bear market, investors began to take increasingly larger positions in <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> ahead of an expected price increase. Given how bullish the two previous halvings are, whales are accumulating the first-ever crypto asset heavily once again, in hopes of a repeat of the historic bull runs from the past.<\/p>\n<p>Each halving cuts the block reward in half, thus essentially lowering the supply that can be sold into the market, causing an imbalance of supply and demand that eventually leads to price gain.<\/p>\n<p>The last halving took <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> price from lows around $150, t0 as high as $20,000. The amount of whales broke above a key level in early 2016, just as the bull run truly got underway.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2020\/04\/20\/bitcoin-price-dragged-below-7000-by-return-to-market-chaos\/\">Bitcoin Price Dragged Below $7,000 By Return to Market Chaos\u00a0<\/a><\/strong><\/em><\/p>\n<p>The number of Bitcoin whales remained high until December 2017, when the remaining whales cashed out their Bitcoin holdings at $20,000 \u2013 a price just too good to pass up.<\/p>\n<p>After last month&#8217;s drop to attractive prices at $3,800, and with the halving just days away, the number of Bitcoin whales has returned to those prior levels, suggesting that another bull market may be just around the corner.<\/p>\n<p>The drop, however, also has caused many crypto investors to fear a deeper drop, especially amidst the coronavirus outbreak, and a looming recession. But they may end up missing out on the greatest opportunity to buy Bitcoin yet.<\/p>\n<pre>Featured image from Pixabay<\/pre>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8216;s halving is less than three weeks away, and the anticipation of the massive price increase that is widely expected throughout the crypto market has potentially led to a sharp increase in the number of whales accumulating the first-ever cryptocurrency. In fact, the number of Bitcoin whales just reached the highest number since December 2017, just as the last batch of whales dumped the asset at an astronomical markup anywhere from $1,000 to $20,000 at the peak. Glassnode Data Indicates Whales Are Accumulating Bitcoin Ahead of Halving Bear markets might be painful for the investors who bought the top, but for those who bided their time, the opportunity to buy is too good to pass up. It&#8217;s during downtrends that accumulation takes place, before an asset moves to the mark up phase and the asset&#8217;s price rises once whales or smart money investors have sufficiently accumulated a large enough holding of the asset at low enough prices. Related Reading | S2F Alternative Bitcoin Rainbow Chart Says BTC Is Currently on \u201cFire Sale\u201d\u00a0 Data shows that this occurred heavily ahead of Bitcoin&#8216;s last bull run, with an increase of high-value Bitcoin whales taking positions following the asset&#8217;s halving. And with Bitcoin&#8217;s next halving less than three weeks away, data shows another uptick in whales accumulating Bitcoin, reaching a level not seen since December 2017. &nbsp; 21\/ And the view from on-chain is fascinating.@glassnode reports there are now more $BTC whales than at any time since December 2017. I cannot express how bullish that is. pic.twitter.com\/CmnPSvapuQ &mdash; Cole Garner (@ColeGarnersTake) April 22, 2020 &nbsp; Data Shows Crypto Whales Return to Pre-Bull Run Levels Following Bitcoin&#8217;s last halving and bear market, investors began to take increasingly larger positions in Bitcoin ahead of an expected price increase. Given how bullish the two previous halvings are, whales are accumulating the first-ever crypto asset heavily once again, in hopes of a repeat of the historic bull runs from the past. Each halving cuts the block reward in half, thus essentially lowering the supply that can be sold into the market, causing an imbalance of supply and demand that eventually leads to price gain. The last halving took Bitcoin price from lows around $150, t0 as high as $20,000. The amount of whales broke above a key level in early 2016, just as the bull run truly got underway. Related Reading | Bitcoin Price Dragged Below $7,000 By Return to Market Chaos\u00a0 The number of Bitcoin whales remained high until December 2017, when the remaining whales cashed out their Bitcoin holdings at $20,000 \u2013 a price just too good to pass up. After last month&#8217;s drop to attractive prices at $3,800, and with the halving just days away, the number of Bitcoin whales has returned to those prior levels, suggesting that another bull market may be just around the corner. The drop, however, also has caused many crypto investors to fear a deeper drop, especially amidst the coronavirus outbreak, and a looming recession. But they may end up missing out on the greatest opportunity to buy Bitcoin yet. Featured image from Pixabay &nbsp; &nbsp;<\/p>\n","protected":false},"author":517,"featured_media":421539,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[428,76836,76837,14781],"class_list":["post-421530","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-bitcoin","tag-btcuusd","tag-glassnodes","tag-whales"],"acf":[],"yoast_head":"\n<title>Number of Bitcoin Whales Hits Previous Pre-Bull Run Level<\/title>\n<meta name=\"description\" content=\"Bitcoin&#039;s halving is less than three weeks away, and the anticipation of the massive price increase that is widely expected throughout the crypto market\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Number of Bitcoin Whales Hits Previous Pre-Bull Run Level\" \/>\n<meta property=\"og:description\" content=\"Bitcoin&#039;s halving is less than three weeks away, and the anticipation of the massive price increase that is widely expected throughout the crypto market\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-22T17:30:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:47:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"853\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony &quot;El Toro&quot; Severino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/\"},\"author\":{\"name\":\"Tony \\\"El Toro\\\" Severino\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"Number of Bitcoin Whales Hits Previous Pre-Bull Run Level\",\"datePublished\":\"2020-04-22T17:30:19+00:00\",\"dateModified\":\"2024-06-11T13:47:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/\"},\"wordCount\":485,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853\",\"keywords\":[\"bitcoin\",\"btcuusd\",\"glassnodes\",\"whales\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/\",\"url\":\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/\",\"name\":\"Number of Bitcoin Whales Hits Previous Pre-Bull Run Level\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853\",\"datePublished\":\"2020-04-22T17:30:19+00:00\",\"dateModified\":\"2024-06-11T13:47:49+00:00\",\"description\":\"Bitcoin's halving is less than three weeks away, and the anticipation of the massive price increase that is widely expected throughout the crypto market\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853\",\"width\":1280,\"height\":853,\"caption\":\"bitcoin whale\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Number of Bitcoin Whales Hits Previous Pre-Bull Run Level\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"El Toro\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"El Toro\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/wncen.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Number of Bitcoin Whales Hits Previous Pre-Bull Run Level","description":"Bitcoin's halving is less than three weeks away, and the anticipation of the massive price increase that is widely expected throughout the crypto market","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/","og_locale":"en_US","og_type":"article","og_title":"Number of Bitcoin Whales Hits Previous Pre-Bull Run Level","og_description":"Bitcoin's halving is less than three weeks away, and the anticipation of the massive price increase that is widely expected throughout the crypto market","og_url":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2020-04-22T17:30:19+00:00","article_modified_time":"2024-06-11T13:47:49+00:00","og_image":[{"width":1280,"height":853,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853","type":"image\/jpeg"}],"author":"Tony \"El Toro\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"El Toro\" Severino","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/"},"author":{"name":"Tony \"El Toro\" Severino","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"Number of Bitcoin Whales Hits Previous Pre-Bull Run Level","datePublished":"2020-04-22T17:30:19+00:00","dateModified":"2024-06-11T13:47:49+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/"},"wordCount":485,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853","keywords":["bitcoin","btcuusd","glassnodes","whales"],"articleSection":["Bitcoin","Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/","url":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/","name":"Number of Bitcoin Whales Hits Previous Pre-Bull Run Level","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853","datePublished":"2020-04-22T17:30:19+00:00","dateModified":"2024-06-11T13:47:49+00:00","description":"Bitcoin's halving is less than three weeks away, and the anticipation of the massive price increase that is widely expected throughout the crypto market","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853","width":1280,"height":853,"caption":"bitcoin whale"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Number of Bitcoin Whales Hits Previous Pre-Bull Run Level"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"El Toro\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"El Toro\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Number of Bitcoin Whales Hits Previous Pre-Bull Run Level","url":"http:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btcuusd","glassnodes","whales"],"dateCreated":"2020-04-22T17:30:19Z","datePublished":"2020-04-22T17:30:19Z","dateModified":"2024-06-11T13:47:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Number of Bitcoin Whales Hits Previous Pre-Bull Run Level\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/number-of-bitcoin-whales-hits-previous-pre-bull-run-level\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/bitcoin-whale-ocean-2051760_1280.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/04\\\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btcuusd\",\"glassnodes\",\"whales\"],\"dateCreated\":\"2020-04-22T17:30:19Z\",\"datePublished\":\"2020-04-22T17:30:19Z\",\"dateModified\":\"2024-06-11T13:47:49Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/04\/bitcoin-whale-ocean-2051760_1280.jpg?fit=1280%2C853","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/421530"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=421530"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/421530\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/421539"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=421530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=421530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=421530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}