Bitcoin (BTC) 
$97,809 price has dropped below $98,000, with ongoing fluctuations in the markets. Weekend trading often exhibits low volume, so while Friday’s ETF entries were promising, significant movement is anticipated during the weekdays. What is the current status of LINK Coin whales? What do experts think about BTC and altcoins?
LINK Coin Whales and BTC
An analyst using the name Ali Charts reports notable whale movements. In the last 96 hours, the analyst highlighted a significant activity surge for Chainlink 
$23 (LINK), noting that 1.4 million LINK Coins were purchased. Such rapid acquisitions typically occur when whales expect a bullish trend.
The news flow suggests favorable conditions for further increases. Moreover, the recovery expected following several days of price correction seems imminent.
“Whales have purchased over 1.4 million Chainlink (LINK) in the last 96 hours!”
What’s the latest on Bitcoin? Daan Crypto Trades drew attention to the four-hour chart in the latest market assessment. If the current trend continues, the analyst predicts movement above $100,000;
“BTC is holding well and currently trades near the 4H 200EMA and a high-volume node. If this continues into next week, the pathway to $100,000 and beyond will be opened.”
Reviewing historical charts can provide more insights into today’s market dynamics. There are recurring cycles in cryptocurrencies. In his latest market commentary, Moustache compared the current situation with those of 2017 and 2021. Sharing the graph below, he mentioned;
“The total market value of crypto resembles 2017 more than 2021, just on a larger scale. Now we have seen the ‘2nd Re-Test.’ Things usually get wild from here, especially for altcoins. This may be a once-in-a-lifetime opportunity. I hope you’re ready.”
The total market capitalization of cryptocurrencies is around $3.5 trillion, with ETH still below the resistance level of $3,980 at $3,617.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
