Summary
- Major whale James Wynn reported that the price of Bitcoin (BTC) fell to $102,900 as expected, increasing the long position to $135 million.
- He stated that Bitcoin has reached the bottom and is confident it will soon hit a new all-time high.
- BTC is currently trading at $102,563.84, and Wynn expects it to rise to $112,000~$116,000 soon.
Major whale James Wynn stated on the 12th (local time) via X (formerly Twitter) that "Bitcoin (BTC) has fallen to $102,900 as expected," and "increased the long position to $135 million."
He continued, "I am confident that this is the bottom," and "it will soon hit a new all-time high."
Previously, he expressed hope that BTC would fall to $102,900 to clear the market once and then increase the long position, predicting that BTC would rise to $112,000~$116,000 today or tomorrow.
Meanwhile, BTC is trading at $102,563.84, down 1.62% from the previous day, based on the Binance Tether (USDT) market as of 12:48 AM on the 13th.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
