Joseph Young: Bitcoin's rally is more sustainable than previous bull cycles

Joseph Young: Bitcoin's rally is more sustainable than previous bull cycles

Crypto analyst Joseph Young said on Twitter that Bitcoin's rally is more sustainable than previous bull cycles.

Why? Whales are actively buying or accumulating Bitcoin, rather than selling or taking profits.

This strengthens the basis of the upward trend. Interestingly, many whales bought between $30,000 and $40,000. It may be due to the great interest of the entire crypto market caused by the news of Tesla. This is a gratifying medium- and long-term trend.

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