A Bitcoin analyst appearing on the Thinking Crypto podcast suggested that the recent dips in Bitcoin prices were a strategic maneuver by large holders, known as whales, who are possibly positioning themselves for a forthcoming bull market.
The analyst delved into BTC's chart patterns and drew comparisons to historical trends, highlighting similarities in the price actions of Ethereum and various altcoins over the past months as they geared up for sustained rallies.
The insights provided by the analyst suggest a potentially bullish outlook for Bitcoin based on these observed patterns and past market behaviors.
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