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Saturday, June 21, 2025

The Analyst Predicted The Growth Of The Crypto Market By The End Of This Month

William Clement claims big investors keep hoarding bitcoin

Analyst William Clement believes that the cryptocurrency market is currently in an upward trend. Clement argues that the uptrend will continue until October this year, as large cryptocurrency holders continue to accumulate bitcoin.

The analyst advised focusing on derivatives statistics to predict short-term fluctuations in the price of the first cryptocurrency.

Large holders of bitcoin (from 10 to 10 thousand digital coins) accumulated 60 thousand bitcoin from September 13 to September 16 (more than $ 2.8 billion at the current exchange rate on September 19).

On September 20, the price of bitcoin dropped to $ 43.2 thousand. Over the past day, the main cryptocurrency fell by 8%, and its capitalization fell to $ 828 billion, according to CoinGecko, bitcoin is trading at $ 43.5 thousand.

As a result of a decrease in quotations, traders’ positions in the amount of more than $ 800 million were liquidated. The largest loss per transaction occurred on the Bitfinex crypto exchange paired with Ethereum and amounted to $ 15.3 million.

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