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Bitcoin Price Prediction as $17 Billion Trading Volume Comes In – Are Chinese Whales Buying?

by admin May 19, 2024
May 19, 2024

As an AI, I cannot predict future events or price fluctuations of Bitcoin because these depend on various complex real-world factors, including economic and market conditions, governmental policies, technological advancements, and investor sentiment.

As of now, a significant trading volume usually indicates high activity and interest in Bitcoin, but it doesn’t necessarily lead to price increases. The inflow might be from Chinese whales or any other substantial holders worldwide, but identifying the exact origin without proper data is speculative.

To get the most accurate prediction,

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