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Bitcoin [BTC], the largest cryptocurrency in the world, has had a few significant weeks, with remarkable coin movements and hacks affecting its users. The recent hacking of Binance has stolen a massive 7,000 BTC from the world's largest cryptocurrency system, but that does not seem to have affected its utilization rates.
In a recent Blockchain report, it was identified that more than 15,000 BTCs had been transferred from one portfolio to another. L & # 39; transaction ID of & # 39; section was a893e394120135be6431254bc5b7184b33ec1fe8eb38e88a4ba05e30f04e3966, while the & # 39; ID Block was 575065. The output portfolios addresses corresponding to 1PBxRSpxmCBKJUEa2ARE1E5K6QDUaNThzH and 4BWH6GmVoL5nTwbVxQJKJDtzv4y5EbTVm, with the first receiving address 15000 BTC and & Another output receiving two BTCs.
In other transactions, nearly 9,000 BTCs were moved between two unknown portfolios. The timestamp of the transaction was May 9 at 7:37 UTC. The address of the receiving portfolio was 3FAX7PQ1ja3qNoQCQt43AHQykzTjCcns8m, while the receiving address had a 3FrM1He2ZDbsSKmYpEZQNGjFTLMgCZZkaf address.
The big move was not the only good news for Bitcoin, with cryptocurrency recently breaking the $ 6,000 mark. The price of Bitcoin is expected to face massive resistance between $ 6,100 and $ 6,500, a range of prices that has served as a price support for almost 3 / 4th of 2018. Although this recovery may seem like the end of the market Bearish and the beginning of a bullish rally, it can only be confirmed when prices have exceeded $ 6,500.
Famous supporters like Tuur Demeester have also sided with Bitcoin, the caller "seriously undervalued" right now. He added that the market is psychological, stating that
"We saw similar trends at the end of 2013 / early 2014, marked by many unrealized profits, which again happened in the summer of 2017. Investor psychology was more prone to greed and when the bear market was down. Installed, the positive feeling obviously diminished. . Once it is in the red, retail investors are moving away, which happened last November, when BTC dropped from $ 6,000 to nearly $ 3,000. "
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