After setting an all-time high of $112,000, $BTC seems to have lost some momentum. Now, it is combining $110,000. Data from CryptoQuant suggests that this may be due to profits from bookings for new whale accounts.
The whale addresses have a profit of $3.21B, while the old wallet is only $679 million. Since April 20, 82.5% of the profits on $BTC bookings belong to the new wallet. The average cost of these booking profits is about $91.9k.
It seems that new bitcoin investors who “buyed DIP” in the first quarter of this year are now taking home, while long-term investors are still bringing $BTC close to their chests.
Read on as we discuss more about recent Bitcoin activity. We also recommend buying several of the best pre-sales right away to benefit when $BTC is still rising.
Calm before the storm
Although Bitcoin is between $110,000 at the time of writing, there are several reasons to be positive about its long-term prospects. For example, Trump has delayed reciprocity tariffs until June 9 to provide some relief.
Bitcoin’s option Delta skew is currently -6%, meaning market participants prefer calls over bullish sentiment.
A skew near 0 indicates a balance between the call and stand, while a skew below 0 is a trademark of the bullish market.
In addition, the company accumulates Bitcoin in one minute. Michael Saylor’s strategy acquired $427 million worth of $BTC on May 19 for an average price of $1.062 million and May 25. Apparently, demand for Bitcoin has not disappeared even after violating the $105,000 price.
Additionally, JP Morgan will now allow its customers to purchase spot Bitcoin ETFs. This could mean that a considerable portion of the bank’s 6T deposit could be converted to $BTC.
So, most importantly, $BTC saw a huge gathering (from $75K to $112K) in just 45 days or so. Therefore, it is natural for short-term investors to book some gains at this level.
After all, this is nearly 50% upward movement. Plus, the token happens to be at its previous historical heights, which is always a level of caution.
However, long-term investors have not sold their holdings yet, which is exactly what long-term Bitcoin supporters may want to hear.
With all the factors that favor Bitcoin, we may soon see asset vulnerabilities of $112K and create new all-time highs. If you want to catch the gravy train, here are some of the best altcoins you can buy right now.
1. BTCBull Token ($ btcbull) – Buy now to support pre-sales of Bitcoin
The BTC Bull Token ($btcbull) is our top suggestion today, thanks to an airdrop method it has never seen before. Rather than offering their own tokens for free, the developer decided to distribute free (and real) $BTC.
So if you are a $btcbull holder, storing its tokens in the best wallet, you will automatically receive $BTC – $1.5 million and $200,000 to be exact.
In addition to receiving “digital gold” as a reward for holding, BTC Bull token investors can also benefit from the potential gains of the token value through the best wallets they buy and hold.
According to our $btcbull price forecast, the token could exceed $0.0497 by the end of 2030, generating about 2,000% return in less than five years.
Another reason for this brain number is the burn mechanism of BTC Bull Doken. Whenever the price of Bitcoin rises by $50,000, the project scrapes off a portion of the total token supply.
In the $BTC Bull run, cryptocurrency traders will want to buy $BTCBULL with free Bitcoin air conditioners, which will shrink supply and increase demand and price of tokens.
You can now buy the BTC Bull Token for only $0.00253, as the project is currently on pre-sale. It has raised over $6.4 million at the time of writing and is comfortable to be one of the best new meme coins to pre-sale.
2.
Pepe’s Thought ($MIND) is an AI Agent This can help you determine if the next one will explode. To get $Mind’s real-time crypto investment advice, you have to be a token holder.
There is no doubt that with the $BTC Bull running, “digital gold” is one of the best cryptocurrencies to buy now. But the biggest opportunity to get a profit is that the meme coin market keeps winning one for one.
$MIND works by studying current social trends and market sentiment, through interacting with crypto communities on online platforms like X.
It participates in context-aware crypto-related conversations, understands market bias, and then mixes field chain data from sources like CoinMarketCap and DexScreener to discover which cryptocurrencies are about to trend toward huge time.
As a $Mind Token holder, you will also get early access to the cryptocurrency created by this AI proxy. And, of course, you will benefit from the price increase of $Mind, which is expected to shoot 930% to $0.035 by 2030.
So if you are interested in becoming a profitable crypto investor, buy $ now. The price per token is only $0.0037515. But, hurry up, because the pre-sale ends in less than 4 days!
3. Bitcoin Pepe ($bpep) – New project creates first meme L2 on Bitcoin
Bitcoin Pepe ($bpep) is an engaging new cryptocurrency designed to create the first ever meme layer network on the world’s largest blockchain Bitcoin.
At the time of writing, almost all the best meme coins are based on Solana, and there is good reason. After all, Solana is fast and affordable.
Well, Bitcoin Pepe wants to bring all the benefits of Solana to Bitcoin. In fact, it will combine Bitcoin’s unrivalled liquidity and security with Solana’s speed and low fees to create a family gathering for Meme coins on Bitcoin itself.
Calling the “world’s only Bitcoin meme ICO”, $bpep is currently in pre-sale, where it raised up to $11.6 million.
If you want to be an early investor in Bitcoin Pepe, you can get $0.0377 for each token. However, remember that pre-sales will end in less than 4 days.
Join the best pre-sale for maximum profit – but dyes
With Presale Cryptos like BTC Bull Token ($btcbull) and Pepe ($Mind) in your portfolio, you will be in a good position to take advantage of the growth of the wider cryptocurrency market.
But, as is often the case with cryptocurrencies, your investment is affected by market sentiment, which we all know is highly volatile and unpredictable.
So invest only the losses you can afford and do your own research before joining. After all, this article is not financial advice.
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