The Price Of Bitcoin Is Falling, But The Whales Are Ramping Up Their Purchases

Bitcoin continues its downward spiral for the fourth consecutive day, reaching a low of $83,387 on March 28. Paradoxically, while small investors panic, “whales” are significantly intensifying their positions, according to several market analysts.

Large investors bet on an imminent Bitcoin rebound

The recent plunge of Bitcoin occurs against a backdrop of a gloomy global economic context. U.S. stock markets suffered substantial losses on March 28, with the Dow Jones down by 700 points and the S&P 500 index falling by 112 points. This simultaneous correction of traditional and crypto assets is not a coincidence.

The main cause of this widespread anxiety lies in the latest inflation data. The personal consumption expenditures index for February reached 2.8% (a monthly increase of 0.4%), exceeding economists’ expectations.

These figures have immediately rekindled fears of prolonged restrictive monetary policy by the Federal Reserve.

To complicate matters further, President Trump recently imposed “reciprocal tariffs” of 25% on imported vehicles, creating additional shockwaves in the financial markets.

Investors are particularly wary of April 2, which Trump has dubbed “Liberation Day,” when other tariff measures, particularly on pharmaceuticals, are expected to be announced.

Conflicting analyses: between technical pessimism and whale activity

Technical analyses from veteran trader Peter Brandt suggest that Bitcoin could continue its decline down to $65,635. In a posting on social media, Brandt confirmed the completion of a “bearish coin” pattern and warns:

Don’t shoot the messenger. Just refer to what the chart says until it indicates otherwise.

Trader HTL-NL shares this pessimistic view, highlighting Bitcoin’s inability to break through a long-term downward trend line, which would confirm the scenario of a return to lower price levels.

However, despite these unfavorable technical signals, analyst Cole Garner reveals a particularly encouraging indicator: “whales are going wild right now.”

According to Garner, the measure of long and short positions on Bitcoin from the Bitfinex exchange has just triggered a powerful signal that, historically, has led to returns greater than 50% “in the next 50 days.”

This intense activity from large investors could suggest they are taking advantage of this dip to accumulate BTC at a lower price.

In parallel with these market turbulences, the regulatory environment in the U.S. continues to improve for cryptos. On March 28, David Sacks, head of AI and crypto at the White House, welcomed the clarification provided by the FDIC (Federal Deposit Insurance Corporation) regarding banks’ ability to engage in cryptocurrency-related activities without prior notification to the regulatory body.

In summary, the gap between the pessimistic technical analyses and the activity of large investors could create an opportunity for savvy investors, capable of looking beyond daily fluctuations and positioning themselves in anticipation of a potential market rebound.