TechFlow news, April 21 — Despite Bitcoin's price decline in early April, whales continue to actively accumulate, according to Cointelegraph. Data from Glassnode shows that since early March, the number of wallets holding more than 1,000 BTC has increased by over 60, reaching 2,107 on April 15 — a four-month high. This figure has recovered to levels last seen during the market rally in November and December of the previous year. Meanwhile, Bitcoin’s price has broken above the consolidation range that began in early March, reclaiming $87,400 on April 21 for the first time since March 28. Analysts suggest that Bitcoin’s breakout from a multi-month descending wedge pattern may signal a bullish reversal, with prices potentially returning to six figures in May.
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