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Bitcoin (BTC) has predominantly remained in consolidation below the $70,000 mark over the past few days, with the market awaiting a potentially decisive move amidst prevailing bullish sentiments, such as the upcoming halving event. Amid this uncertainty, crypto trading expert TradingShot, in an April 9 post on TradingView, suggested that the current consolidation presents an opportunity for investors, projecting a possible parabolic rally . The analysis suggests that the current consolidation phase around the previous all-time high of almost $69,000 is a clear buy signal reminiscent of patterns from previous cycles.  Picks for you Machine learning algorithm sets Dogecoin price for April 30, 2024 5 mins ago Massive sell-off alert amid $300 million token unlock on Friday 1 hour ago Portofino Technologies joins Pyth Network as a new data provider 2 hours ago The 'degenerate' diaries: Unpacking the tactics of r/wallstreetbets traders 3 hours ago ...

Highly capitalized investors have been accumulating Bitcoin (BTC) since the year started, driving the asset’s price to an all-time high. These investment activities are observable through Bitcoin wallet addresses holding large amounts of the coin, also known as whales. In particular, a Bitcoin whale has stacked 1,308 BTC, worth nearly $90 million since March 6. The address ‘bc1qag725vjxxpkkl5gshfkye9xn4p5vklrlhgkw5w’ currently holds this amount at a dollar-cost average of $68,617 per coin, according to Lookonchain’s post. Notably, its last purchase was on April 7, for a 113.735 BTC Binance withdrawal, worth over $7.85 million . This was the Bitcoin whale ’s second-largest transaction during this month of accumulation. The largest single purchase was 123.128 BTC, with a value superior to $8 million on April 3. Picks for you Dogecoin price prediction; Can DOGE flip XRP's market cap? 45 mins ago BTC's hidden history: 'Hij...