{"id":665002,"date":"2024-03-26T10:01:30","date_gmt":"2024-03-26T09:01:30","guid":{"rendered":"https:\/\/www.crypto-news-flash.com\/btc-reclaims-71000-accumulation-surge-suggests-bitcoin-pre-halving-dip-over-sharks-and-whales-accumulate-52k-btc\/"},"modified":"2024-03-26T10:01:30","modified_gmt":"2024-03-26T09:01:30","slug":"btc-reclaims-71000-accumulation-surge-suggests-bitcoin-pre-halving-dip-over-sharks-and-whales-accumulate-52k-btc","status":"publish","type":"post","link":"https:\/\/crypto-news-flash.com\/es\/btc-reclaims-71000-accumulation-surge-suggests-bitcoin-pre-halving-dip-over-sharks-and-whales-accumulate-52k-btc\/","title":{"rendered":"BTC Reclaims $71,000: Accumulation Surge Suggests Bitcoin Pre-Halving Dip Over &#8211; Sharks and Whales Accumulate 52K BTC"},"content":{"rendered":"<ul>\n<li><strong>Bitcoin&#8217;s rebound to $71,000 may signal the end of its pre-halving dip, with sharks and whales accumulating over 52K BTC.<\/strong><\/li>\n<li><strong>The upcoming Bitcoin halving is set to have a significant impact, potentially mirroring trends from previous cycles.<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p>Recent data from Kaiko, a prominent cryptocurrency research organization, sheds light on revealing that Bitcoin closed the past week at a low of $67,000, amidst a rise in <a href=\"https:\/\/www.crypto-news-flash.com\/es\/bitcoin-etfs-under-pressure-gbtc-records-record-outflows-as-btc-dips-5\/\">GBTC outflows<\/a>. Meanwhile, the industry saw significant movements: Blackrock launched its first tokenized fund on Ethereum, Genesis settled with the SEC for $21 million, and the Ethereum Foundation faces a regulatory investigation.<\/p>\n<h2>Halving Anticipation: Analyzing Market Movements<\/h2>\n<p>A CNF YouTube video underscores the mounting interest in the <a href=\"https:\/\/www.crypto-news-flash.com\/bitcoin-halving-in-less-than-30-days-investors-optimism-rises-in-3-altcoins-for-300-surge\/\">upcoming Bitcoin halving<\/a>, projected around April 19. Market experts speculate that large-scale investors, known as &#8216;sharks&#8217; and &#8216;whales,&#8217; are likely to continue their expansion, positively affecting the overall crypto market. Although there were concerns over a significant pre-halving dip, mirroring past cycles, the actual decrease was more moderate than anticipated.<\/p>\n<p><iframe title=\"Bitcoin&#039;s Pre-Halving Reversal: Has the Decline Ended? Remarkable Accumulation of 52K BTC in One Day\" width=\"788\" height=\"443\" src=\"https:\/\/www.youtube.com\/embed\/PCpS5hbiMbQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<h3><\/h3>\n<p>On March 25, Bitcoin witnessed a notable surge to $71,000, potentially marking the end of its pre-halving correction. Blockchain analytics firm Santiment reported that key players accumulated 51,959 BTC, valued at roughly $3.4 billion. This accumulation represents 0.263% of Bitcoin&#8217;s circulating supply and took place unexpectedly on March 24, catching traders by surprise.<\/p>\n<div class=\"relative flex w-full flex-col agent-turn\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex flex-col items-start gap-3 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" data-message-author-role=\"assistant\" data-message-id=\"a7eaf948-36ca-41e5-8ae8-a6b7ad13161d\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>In a recent tweet, a prominent Crypto Analyst remarked, should this mark the conclusion of the Pre-Halving Retracement period, it appears that Bitcoin&#8217;s current performance closely mirrors the 2020 Pre-Halving scenario. In this cycle, Bitcoin experienced a -18% pullback, closely aligning with the slightly over -19% retracement observed back in 2020. This comparison suggests that the current cycle is closely following the trends observed in the previous halving cycle.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> <\/p>\n<p>If this ends up being the end of the Pre-Halving Retrace&#8230;<\/p>\n<p>Then Bitcoin will have almost equalled the 2020 Pre-Halving Retrace<\/p>\n<p>Bitcoin pulled back -18% in this cycle whereas BTC retraced just over -19% in 2020<a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/t.co\/a6G92JbbmY\">pic.twitter.com\/a6G92JbbmY<\/a><\/p>\n<p>&mdash; Rekt Capital (@rektcapital) <a href=\"https:\/\/twitter.com\/rektcapital\/status\/1772312904404005336?ref_src=twsrc%5Etfw\">March 25, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Despite a significant dip of around 17% from its March 14 peak, Bitcoin&#8217;s retracement was less than the over 19% observed in 2020. Technical analysts, including Rekt Capital, suggest this might signal the conclusion of the pre-halving retraction. Kaiko&#8217;s research highlights intensified selling pressure post-U.S. market closure on March 25, emphasizing the fragmented nature of cryptocurrency market liquidity. At the time of this report, <a href=\"https:\/\/www.crypto-news-flash.com\/es\/?p=663801\">Bitcoin<\/a> is up by 5.2% at $70,252, with an intraday high of $71,000.<\/p>\n<h2>The Road Ahead: Preparing for the Halving<\/h2>\n<p>CNF previously outlined the significance of the <a href=\"https:\/\/www.crypto-news-flash.com\/es\/amenaza-de-reduccion-a-la-mitad-de-btc-solo-5-de-14-mineros-de-bitcoin-podrian-seguir-siendo-rentables-si-las-recompensas-se-reducen-a-3125-btc\/\">upcoming Bitcoin halving, set for mid-April 2024<\/a>. This pivotal event will reduce the block reward from 6.25 BTC to 3.125 BTC per block, potentially reshaping market dynamics.<\/p>\n<p>In the last day, Bitcoin has been trading at <span style=\"color: #000000;\"><strong>$70,670<\/strong><\/span>, with a<span style=\"color: #008000;\"><strong> 5.59%<\/strong><\/span> increase in the past 24 hours and a <span style=\"color: #008000;\"><strong>9.75%<\/strong><\/span> rise over the past week, indicating a strong upward momentum.<\/p>\nNo coins selected","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;s rebound to $71,000 may signal the end of its pre-halving dip, with sharks and whales accumulating over 52K BTC. The upcoming Bitcoin halving is set to have a significant impact, potentially mirroring trends from previous cycles. Recent data from Kaiko, a prominent cryptocurrency research organization, sheds light on revealing that Bitcoin closed the past<\/p>\n","protected":false},"author":7,"featured_media":664986,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-665002","post","type-post","status-publish","format-standard","has-post-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/posts\/665002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/comments?post=665002"}],"version-history":[{"count":0,"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/posts\/665002\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/media\/664986"}],"wp:attachment":[{"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/media?parent=665002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/categories?post=665002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-news-flash.com\/es\/wp-json\/wp\/v2\/tags?post=665002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}