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Bitmex Whale confirms that Bitcoin’s current moment corresponds to the 2017 rally

May 3, 2020

With 9 days to go, the big Bitcoin traders are still debating how the price of the key cryptocurrency will behave during and after the eventFor a big BitMEX whale, the current moment is similar to the rally where BTC reached its all-time high of around $ 20,000 in December 2017.

For AngeloBTC, an anonymous Bitcoin investor who is considered one of BitMEX’s top whales, He posted a chart for his 149,000 followers on Twitter showing that BTC is currently killing bears and preferring bulls in its trades.

According to him, the current moment is similar to the early days of the Bitcoin boom and long-term recovery to a record high of around $ 20,000. According to AngeloBTC in the current scenario, B.itcoin can easily be up to $ 30,000.

Bitmex Whale confirms that Bitcoin’s current moment corresponds to the 2017 rallyBitmex Whale confirms that Bitcoin’s current moment corresponds to the 2017 rally

Eric Thies agrees with AngeloBTC, who explained that a reading in the Bitcoin table gives promising results.

“In the past two halves, BTC has shown strength that rose to 40% of its highest price level of the time. In each of these previous events, BTC has continued to rise for over a year and then in a year and a half, peaking on the way Bitcoin to start a current range as in previous halving. “

Thies noticed that too Bitcoin has broken resistance that could point to a significant consolidation of the optimistic mood. “Although these resistances [9.200, 10.400 y 11.400 dólares] They’re not easy to break, this macro-side adjustment is impressive and continues to grow with every resistance Bitcoin regains. “

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