Whale Says Some Bitcoin and Crypto Traders Will Likely Be Punished As Top Investors Update Outlook on BTC

Whale Says Some Bitcoin and Crypto Traders Will Likely Be Punished As Top Investors Update Outlook on BTC


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.”

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Source: Light/Twitter

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

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