Andy Laguarde
Andy Laguarde 2 minutes reading from Bitcoin

Next Big Bull Run? Bitcoin Whale Wallets

100% success rate indicator for the start of a new bull wave based on the on-chain data analysis of the Bitcoin whale wallets (>1,000 BTC).

BTC Bullrun Crypto

These days most of us is turning bullish due to the worsening geopolitical situation, high interest rates, fears of recession, war in Ukraine.

Everybody is expecting the another leg down that next Bitcoin leg up might take us by surprise in the following weeks/months.

According to Bitcoin Wallet Sizes: > 1,000 BTC chart it seems that the next btc bull run might be around the corner.

Based on the 2012, 2015 and 2018 bottoms the next bull run phase starts after the 2. "wallet impulse wave". See in the chart below (in blue).

There is no clear explanation at least not for me what the "wallet wave impulse" might represent. Perhaps a large money distribution as you hardly can inject millions/billions of stablecoins

to exchanges within days.

Prior to the impulse wave there is a phase of accumulation (in red) and 1. "wallet impulse wave" (in blue) which seems we already had in 2022.

Is important to mention that all previous Bitcoin cycles took place during economical expansion (quantitative easing period).

Therefore, most of the past indicators, on-chain data patterns might be during quantitative tightening irrelevant.

So time will tell whether history will repeat or at least will rhyme.

I will keep you up to date on this!

If you enjoyed this thread give like 💙 , retweet 📢 and follow me 🤝 for more updates on market like this. Will mean a lot to me.

This post is based on this twitter thread.


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