Forecasts on the future of Bitcoin and the crypto markets are pouring in from top investors as BTC hovers below $42,000.
A popular pseudonymous whale and trader who goes by the name Light says he believes Bitcoin has reached a bottom, and traders who sell at current levels are making a mistake.
“People really are capitulating into one of the most stacked bids I’ve ever seen, and into key support. Emotional. Will be punished shortly I think.”
The whale also points to a historic level of support for Bitcoin to highlight his case that BTC may have reached a floor.
“Don’t really like