There are conflicting opinions of analysts, some of whom see that the decline of bitcoin from the 62k top is a correction decline for the upcoming big rise, and some of them are pessimistic in their view that the bitcoin is going to the 29k levels
Just as indicators of greed and fear show a state of great fear among Bitcoin traders, in contrast, major investors and traders see this decline as a great opportunity to increase the amount of Bitcoin they have.
Which was done by one of the largest bitcoin wallets, where the owner of the wallet bought 26 million dollars of bitcoin, so what this wallet has is 121,000 bitcoin.
Also, this wallet added another 372 bitcoins on the fourth of this month, with a value of $17,122,242.1 this time.
Earlier, there was another purchase where a total of 456 bitcoins were bought for an average price of $45k each
With the price of Bitcoin dropping to less than 45k, the same wallet appeared again and bought Bitcoin again, buying 172 Bitcoin at an average price of 43k for about $7,793,488.82
To be this wallet is the biggest competitor to microstrategy
Michael Saylor owned more than 121,386 bitcoins
Knowing that microstrategy holds 124,391 bitcoins