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These investors will be saving Bitcoin from falling to $40,000

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   After somehow managing to cross the $52k mark in 4 months,   Bitcoin   fell again and is now oscillating around $45k. The price fall over the week has been significant, with the same being of some concern to investors. Not all investors, however. In fact, some of them have taken it upon themselves to protect the market from further losses. Who’s protecting Bitcoin? Over the last couple of months, the accumulation trend has been strong across the market. While during the bull run many old coins were moved, at the moment, that does not seem to be the case. Despite the latest price dip, these HODLed or lost coins just hit a 7-month high of 7.1 million BTC. The aforementioned figure represents about 37.7% of the circulating supply. Bitcoin HODLed or lost coins  | Source:  Glassnode Over the week, Bitcoin’s price has fallen by  15.03% , resulting in inventors facing losses that were visible on-chain. The supply in profit fell by 5% as realized losses hit a 45-day high of $411 million. Bi
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Why investing in Bitcoin RIGHT NOW might be a very profitable decision

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   Bitcoin is profitable  Based on the strong market rally of the past 6 weeks and the hard-hitting crash that followed, there is some apprehension if the market is overheating or not. An overheated market refers to a rapidly growing market that turns unsustainable. However, that does not seem to be the case when one looks at the BTC market right now. In fact, this is the best time to jump in as buying opportunity is pretty profitable at the moment. Traditionally, the 200-day moving average (DMA) is considered to be a standard indicator of buying and selling. If BTC’s price is above it, it’s usually the beginning of strong upward movement. On the contrary, movement in the opposite direction is usually an indication of a fall. Right now, Bitcoin’s price movement is in line with the 200 DMA – A clear sign that the market is not overheated. Bitcoin’s price action in line with the 200 DMA  | Source:  TradingView – AMBCrypto In fact, another buy signal comes from the Mayer multiple. The ind
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Will Solana get a second-chance to prove its worth to institutional investors

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   a hike from the current $40k price band to $100k would essentially translate into a 1.5x spike. On the other hand, “introverted” altcoins like AVAX, FTM and NEAR have consistently been outperforming the broader market of late. Without much support received from either Bitcoin or Ethereum, this altcoin pack has been well-led by Solana. Source:  CoinMarketCap SOL’s price typically revolved around the $40k bracket during mid-August. In a little over three weeks’ time, the alt’s valuation managed to climb to its $216 peak. The 4x spike in such a short-span of time made almost everyone in the crypto space pay attention. In retrospect, both big and small investors have shifted their focus to alts, leaving behind the likes of Bitcoin and Ethereum. Inflow/Outflow Standings As per CoinShares’ latest weekly  report , digital asset investment products witnessed a cumulative inflow worth $57 million last week. By and large the inflow was ushered-in by Solana. As such, during last week’s market
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