• BTC/USD $29,820.16 0.03%
  • ETH/USD $1,789.79 0.20%
  • USDT/USD $1.13 0.01%
  • BNB/USD $235.95 -0.03%
  • XRP/USD $0.57 -0.24%
Coin Insider
  • Coin News
  • Guides
  • Exchanges
    • Best Crypto Exchanges
    • Exchanges By Trading Volume
    • Exchanges By Liquidity
    • Exchange Reviews
      • Binance Review
      • Gate.io Review
      • Gemini Review
      • BitFinex Review
      • Binance US Review
      • Bithumb Review
      • Bittrex Review
      • Kraken Review
      • CEX.IO Review
  • Coins
    • Prices By Market Cap
    • By Volume
    • Biggest Gainers
    • Biggest Losers
    • All Trading Pairs & Markets
    • DeFi Tokens
    • Bitcoin
    • Ethereum
    • Dogecoin
    • XRP
    • Cardano
    • Binance Coin
Coin Insider
  • Coin News
  • Guides
  • Exchanges
    • Best Crypto Exchanges
    • Exchanges By Trading Volume
    • Exchanges By Liquidity
    • Exchange Reviews
      • Binance Review
      • Gate.io Review
      • Gemini Review
      • BitFinex Review
      • Binance US Review
      • Bithumb Review
      • Bittrex Review
      • Kraken Review
      • CEX.IO Review
  • Coins
    • Prices By Market Cap
    • By Volume
    • Biggest Gainers
    • Biggest Losers
    • All Trading Pairs & Markets
    • DeFi Tokens
    • Bitcoin
    • Ethereum
    • Dogecoin
    • XRP
    • Cardano
    • Binance Coin

The Best Time to Buy Bitcoin? Now, According to Experts

Becky | Jul 09, 2021

Bitcoin price rallied itself to reclaim over $15,500 USD yesterday despite the fact that large-scale investors (also known as Bitcoin whales) had sold off the highest amount since the first quarter of this year.

Why Bitcoin whale selling off could be bullish

Bitcoin whales selling off might sound bearish, but historically, it might represent a bullish rally coming. In previous cycles of the cryptocurrency s trend and market movement, Bitcoin has often seen a strong rally after a major sell-off.

One possible reason for this is that whales prefer profiting during a bull run, and build their portfolio as a rally happens. Since the whales are playing with much more significant stakes and larger investments, they tend to seek liquidity and high buyer demand to tweak their positions, either selling off or adding to their holdings.

Bitcoin tends to recover after a whale cluster sells off because it reduces the short term selling pressure on Bitcoin. Since whales have such a massive say in the cryptocurrency’s value, there is significant room for market manipulation. A major sell-off from the whales tends to even out the market between casual and retail traders and the larger-scale investors like institutions and Bitcoin whales.

Bitcoin’s current volatility might make this the best time to buy

After several months of stable trading and slow steady growth, the past weeks have served the cryptocurrency with volatility. This has a number of factors causing, from the US election and the recovery of the US dollar to the announcement that the COVID19 vaccine trial is seeing success. While volatility has a risky connotation; the potential for reward is significant, especially coupled with the positive sentiment that has been surrounding the token since the beginning of the second quarter this year.

As CryptoQuant’s Ki Young Ju highlighted, this makes this one of the best times to buy Bitcoin:

The buy-the-dip indicator.

Buy $BTC when victim whales deposited to exchanges after the plunge.https://t.co/lfuXNnXGWI pic.twitter.com/W3WjGExFRf

— Ki Young Ju 주기영 (@ki_young_ju) November 11, 2020

Top Coins
CoinPrice
Bitcoin Bitcoin (BTC)
$29,819.31
Ethereum Ethereum (ETH)
$1,786.69
Tether USDt Tether USDt (USDT)
$1.13
BNB BNB (BNB)
$236.07
XRP XRP (XRP)
$0.57
USD Coin USD Coin (USDC)
$1.13
Dogecoin Dogecoin (DOGE)
$0.07
Cardano Cardano (ADA)
$0.28
Solana Solana (SOL)
$21.94
Top Exchanges
NameScore
Binance.com Binance.com
4.9
Huobi Huobi
4.8
Upbit Upbit
4.7
OKEx OKEx
4.6
XT.COM XT.COM
4.5
Coinbase Coinbase
4.4
Digifinex Digifinex
4.3
BKEX BKEX
4.2
Hotbit Hotbit
4.1
gate.io gate.io
4.1

Related Articles

Binance and CZ fight back with a motion of dismissal

Following the lawsuits against Binance from the SEC, the exchange and its CEO have filed a motion of dismissal.

3 days ago

Mt Gox delays payments even further

Mt Gox has delayed the deadline to reimburse investors yet again, marking another year in a decade long delay.

3 days ago

USDC stablecoin launched on Polkadot Asset Hub

Circle has announced that USD Coin will be launched on the blockchain, extending USDCs presence in the ecosystem.

4 days ago

US authorities to halt Central Bank Digital Currency

Lawmakers in the United States have made moves to impede the development and launch of a central bank digital currency (CBDC) in the...

6 days ago
See All
News
  • Crypto News
  • Crypto Guides
  • Coins
  • ICO Stats
Social
  • Facebook
  • Twitter
  • Medium
  • LinkedIn
Reviews
  • Best Crypto Exchange
Useful Links
  • Contact Us
  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Editorial Policy
  • Press
  • Cookie Policy
  • Bitsoft 360 Review
  • Biticodes Review
  • BitQZ Review
  • PrimeBit Profit Review
  • Oil Profit Review
  • Bitcoin iFex 360 Ai Review
  • BitQH Review
  • BitIQ Review
  • Bitcoin Lucro Review
  • Quantum Prime Profit Review
  • British Bitcoin Profit Review
  • TeslaCoin Review
  • BTC iPlex Ai Review
  • Bitprime Gold Review
  • Profit Builder Review
  • Bitcoin Loophole Review
  • Immediate GP Review
  • Bitcoineer Review
  • Immediate Thorenext Review
  • Coingpt Review
  • Profittrailer Review
  • Bitcoin Billionaire Review
  • Bitcoin Gemini Review
  • Bitcoin Dynamit Review
  • Bitcoin Revolution Review
  • BitQS Review
  • Crypto Hopper Review
  • Bitcoin Hero Review
  • Tesler Trading Review
  • Bitcoin Trend App Review
  • BitAlpha AI Review
  • Quantum AI Review
  • Bitcoin Society Review
  • Secret Crisis Blueprint Review
  • Trader AI Review
  • Crypto Trader Review
  • NFT Loophole Review
  • Bitcode AI Review
  • Wealth Matrix Review
  • Bitcoin 360 Ai Review
  • Immediate Code Review
  • Robbo Ai Review
  • xBitcoin Club Review
  • Bitcoin System Review
  • Immediate Edge Review
  • Bitcoin Xox Review
  • Bitcoin Sprint Review
  • eKrona Cryptocurrency Review
  • BGX AI Review
  • Yuan Pay Group Review
  • Bitcoin Machine Review
  • Crypto Method Review
  • BTC Robot Review
  • Crypto Genius Review
  • Bitcoin Code Review
  • Quantum Trade Wave Review
  • Gas Ertrag Review
  • Bitcoin Aussie System Review
  • Bitcoin Miner Review
  • Quantum Code Review
  • Bitcoin Fortune Review
  • Bitcoin Victory Review
  • Bitcoin Legacy Review
  • Crypto Nation Pro Review
  • Crypto Comeback Pro Review
  • Bit iPlex Codes Review
  • Coin Kong Trader Review
  • Btc Nano 360 Review
  • BitQL Review
  • Bitcoin Freedom Review
  • Big Money Rush Review
  • Bitcoin Evolution Review
  • Bitcoin Bonanza Review
  • BitGratitude Review
  • Bit GPT Definity Review
  • Prime Advantage Review
  • Bitcoin Circuit Review
  • Bitcoin Superstar Review
  • Bitcoin Supersplit Review
  • Metaverse Profit Review
  • NFT Profit Review
  • Bitcoin Future Review
  • Crypto Bull Review
  • Immediate Profit Review
  • QProfit Review
  • Limmercoin Review
  • Bit Index AI Review
  • Crypto Capex 1000 Review
  • Bitcoin Smarter Review
  • Crypto Legacy Review
  • Profit Revolution Review
  • BitProfit Review
  • 1G Profit System Review
  • Bitcoin News Trader Review
  • The News Spy Review
  • Bitcoin Pro Review
  • Bitcoin Method Review
  • Nft Trader Review
  • BitGPT Review
  • Bitcoin Revival Review
  • Bitcoin Bank Review
  • Bitcoin Power Review
  • Bitcoin Compass Review
  • Bitcoin Wealth Review
  • Bitcoin Cycle Review
  • Crypto VIP Club Review
  • BitQT Review
  • Bitcoin Rush Review
  • Bitcoin Lifestyle Review
  • Ripple Code Review
  • BitTrader Review
  • Bitcoin Millionaire Review
  • Bitcoin Profit Review
  • Crypto Engine Review
  • BitPremium Review
  • Bitcoin Synergy Review
  • Quantum Flash Review
  • Immediate Fortune Review
  • Bitcoin Sucker Review
  • Bitcoin Decoder Review
  • Bitcoin Buyer Review
  • Bitcoin Rejoin Review
  • Qumas AI Review
  • Bitcoin Mastery Review
  • Bitcoin Digital Review
  • Bitcoin Blueprint Review
  • Bitcoin Up Review
  • Bitcoin KPEX AI Review
  • Finixio AI Review
  • Bitcoin Formula Review
  • Chain Reaction Review
  • Bitcode Method Review
  • Bitindex Prime Review
  • Libra Method Review
  • Bitcode Prime Review
  • Immediate Iplex Review
  • Libra Profit Review
  • Bitcoin Investor Review
  • Crypto Bank Review
  • Quantum Trading Review
  • Immediate Momentum Review
  • Immediate Evex Review
  • Bitcoin Motion Review
  • Immediate Connect Review
  • Crypto Profit Review
  • Bitcoin Sunrise Review
  • Crypto Boom Review
  • Bitcoin Champion Review
  • Immediate Alpha Review
  • Profit Secret Review
  • Immediate Granimator Review
  • Bitcoin Trader Review
  • BitQQQ Review
  • Cryptowealth Review
  • Bitcoin Bank Breaker Review
  • Altcoin Pro Wealth Review
  • Quantum Pro 360 Review
  • Bitcoin Supreme Review
  • Bitcoin Clever Review
  • Crypto Cash Review
  • Qprofit System Review
  • Bitcoin Equaliser Review
  • Imperial Go Review
  • Crypto Code Review
  • Ethereum iFex Ai Review
  • BitAi Method Review
  • Bitcoin Oracle AI Review
  • Quantumator Review
  • Bitcoin Prime Review
  • Meta Profit Review
  • Crypto Superstar Review
  • Ethereum Trader Review
  • Immediate Bitcoin Review
  • Bitcoin Optimiser Review
  • Bitcoin Era Review
  • Ethereum Code Review
  • BitLQ Review
  • Crowd Millionaire Review
  • Bitcoin Capital Review
  • Bitcoin Storm Review
  • Altrix Edge Review
  • xBitcoin Review
  • Bitcoin Thunderbolt Review
  • Immediate Trader Review
  • Crypto Group Review
  • Anon System Review
  • Profit Maximizer Review
  • Bitcoin Empire Review
  • BitVestment Review
  • Bitcoin Union Review
  • Cryptosoft Review
  • Bitcoin Secret Review
  • Crypto Revolt Review

Coin Insider is the authority on bitcoin, ethereum, ICO and blockchain news; providing breaking newsletters, incisive opinions, market analysis, and regulatory updates.

Trading and CFDs are complex instruments. You should consider whether you fully understand them and whether you can afford to take the high risk of losing your money. The content of Coin Insider does not constitute any type of investment advice.

English
© 2023 - Coin Insider