Close Menu
CryptoHoppers.comCryptoHoppers.com
    What's Hot

    Bitcoin miner Canaan reports 33% increase in revenue in Q2

    August 30, 2023

    Tron smashes $0.0711 resistance, bulls extend control, and more

    May 21, 2023

    HashKey Global announces support for TRC-20 USDT and TRX

    November 9, 2024
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Get In Touch
    Facebook X (Twitter) Instagram
    CryptoHoppers.comCryptoHoppers.com
    • News

      Will Pi crash or rally in 2025?

      July 11, 2025

      July’s Rate Cut Dreams Fade: Fed Seen Holding Firm as Trump Fumes

      July 10, 2025

      UAE Rejects $100K Crypto Visa Program as TON’s Staking Plan Triggers Regulatory Backlash

      July 8, 2025

      Digital trade tensions take center stage between the U.S. and South Korea

      July 7, 2025

      Traders Gear Up: FOMC Prep Signals Bitcoin, Altcoin Buying Frenzy

      July 6, 2025
    • Technology

      SUI Price Targets Breakout as Macro Triangle Pattern Tightens and TVL Tops $2B

      July 11, 2025

      Coinbase partners with Perplexity to unlock real-time crypto data for traders

      July 10, 2025

      Comment on Bitcoin Surges to $110K as Selling Pressure Declines; Is BTC Charting its Way to a New ATH Soon? by Bitcoin Price Prediction: BTC to Hit $145.1K by Year-End and More

      July 9, 2025

      CleanSpark Doubles Bitcoin Mining Power After Georgia Expansion

      July 8, 2025

      Dogecoin price double bottoms as whale accumulation continues

      July 7, 2025
    • Learn/Guide

      Best Crypto PR Agencies of 2025

      July 11, 2025

      Coinbase, Perplexity AI join forces to enhance crypto data access for traders

      July 10, 2025

      Top perps DEX GMX hacked for over $40m, $GMX token plunges

      July 9, 2025

      Cardano Foundation unveils blockchain-based tool to simplify audit compliance and enhance financial reporting

      July 8, 2025

      Plume Network brings real-world yield to TRON’s global payment ecosystem via SkyLink integration

      July 7, 2025
    • NFTs

      1mouth Analog: miirror’s Raw Leap from Digital to Handmade Chaos | NFT CULTURE | NFT News | Web3 Culture

      May 9, 2025

      NFTCulture Expands Into TCGs with Cardcore.xyz: Where Digital Collectibles Meet Competitive Play | NFT CULTURE | NFT News | Web3 Culture

      May 8, 2025

      From Moonshots to Broken Links: The Rise and Fall of CloneX | NFT CULTURE | NFT News | Web3 Culture

      April 24, 2025

      Pacific Spirit: Vinyl Meets Code in a Groundbreaking Generative Drop on Art Blocks | NFT CULTURE | NFT News | Web3 Culture

      April 16, 2025

      Daizen: Elevating the NFT Multiverse on Apechain Blockchain | NFT CULTURE | NFT News | Web3 Culture

      December 5, 2024
    • Regulation

      SEC Drops Binance Lawsuit: How Regulatory Clarity Could Spark a BNB Price Rally

      May 30, 2025

      Kentucky Governor Signs Off On ‘Bitcoin Rights’ Bill, Strengthening Crypto Protections

      March 31, 2025

      Utah Moves Closer To Bitcoin Reserve As Bill Advances To Senate Standing Committee

      February 23, 2025

      Bitcoin ETFs In Focus As Kansas Senator Proposes Up To 10% Pension Fund Allocation

      January 26, 2025

      MicroStrategy May Face Tax Issues Over $19 Billion Unrealized Bitcoin Gains: Report

      January 25, 2025
    • Business

      Sri Lanka’s E-commerce Platform Kapruka to Introduce Crypto Payments

      November 17, 2024

      Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

      November 16, 2024

      Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025

      November 15, 2024

      Bitcoin Mining Company Mara Holdings Now Holds 26,747 Bitcoin: Q3 Earnings Report Reveals

      November 14, 2024

      Brazil Prepares to Let Tradfi Institutions Embrace Crypto

      November 13, 2024
    • Live Pricing
    CryptoHoppers.comCryptoHoppers.com
    Home » Bitcoin crossed $30k; Read this fact before you invest in 2023
    News

    Bitcoin crossed $30k; Read this fact before you invest in 2023

    May 20, 20232 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Bitcoin crossed $30k; Read this fact before you invest in 2023
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Bitcoin has crossed $30K for the first time after June 2022. Many retail investors are interested in investing in Bitcoin for long-term capital gain. However, market experts have revealed the cause of the price surge, especially in BTC.

    11 transactions were made with an identical size of 2000 BTC. Eight of them were transacted at 17:28 UTC. The other 3 occurred at 18:25. Though it is tough to speculate whether these transactions are coincidental, it is not a common whale scenario. 

    Indeed, these 11 massive whale transactions are more significant than BTC crossing the level of $30k because it attracts many retail investors, and they do not know the short-term momentum of this decentralized digital asset. 

    The market intelligence platform Santiment also raised concerns about this Bitcoin price surge. They twitted:

    *11 separate 2k $BTC transactions worth 22k $BTC

    — Santiment (@santimentfeed) April 11, 2023

    Later, another market expert team, Lookonchain, also twitted about the recent BTC whale transaction. $60M worth of Bitcoins (Almost 2000 BTC) have been transferred again to Binance after 15th March. So, Bitcoin whales are likely to make the most out of the current scenarios.

    The whale transferred 2,000 $BTC ($60M) to #Binance again just now.https://t.co/KEviuZkKab pic.twitter.com/VvehsLEILC

    — Lookonchain (@lookonchain) April 11, 2023

    Is it the right time to buy Bitcoin?

    In the short term, BTC candlesticks are forming in the upper Bollinger Bands that suggest strong bullish momentum, and the sentiments are also bullish. US Fed may hike another rate of 25 basis points, which could surge the price of Bitcoin. Moreover, RSI is in the over brought zone of 70, which encourages retail investors to buy BTC out of FOMO.

    Based on our BTC price prediction, Bitcoin will be around $30K at the end of 2023. The price will surge exponentially in the next two years. The price of Bitcoin will cross $100K in 2030. Indeed, it is a good time to invest in Bitcoin for the long term. However, the short-term scenario will depend on various microeconomic factors. If you invest in BTC this month and the price goes down, do not worry. Buy on every dip and invest that amount that you can hold for the long term.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Will Pi crash or rally in 2025?

    July 11, 2025

    July’s Rate Cut Dreams Fade: Fed Seen Holding Firm as Trump Fumes

    July 10, 2025

    UAE Rejects $100K Crypto Visa Program as TON’s Staking Plan Triggers Regulatory Backlash

    July 8, 2025

    Digital trade tensions take center stage between the U.S. and South Korea

    July 7, 2025
    Top Posts

    Mt. Gox Bitcoin Repayment Effects: Industry Veterans Opinion

    July 7, 2024

    Meme coin chronicles: Hide the pain Harold

    February 7, 2025

    XRP breaks through $1 amid Trump-Ripple CEO meeting speculation

    November 17, 2024

    Welcome to CryptoHoppers.com! Stay informed with the latest updates, trends, and insights from the dynamic world of cryptocurrencies. From Bitcoin to altcoins, blockchain technology to decentralized finance (DeFi), we cover it all. Discover expert analysis, market trends, regulatory developments, and exciting innovations shaping the crypto industry.

    Top Insights

    Will Pi crash or rally in 2025?

    July 11, 2025

    July’s Rate Cut Dreams Fade: Fed Seen Holding Firm as Trump Fumes

    July 10, 2025

    UAE Rejects $100K Crypto Visa Program as TON’s Staking Plan Triggers Regulatory Backlash

    July 8, 2025
    Advertisement
    Demo
    CryptoHoppers.com
    Facebook X (Twitter) Instagram
    • News
    • Technology
    • Learn/Guide
    • Regulation
    • NFTs
    • Business
    • Live Pricing
    © 2025. Designed by CryptoHoppers.com.

    Type above and press Enter to search. Press Esc to cancel.