Bitcoin, NEAR, FTT, ETC and XMR are attempting to rebound off their strong support levels, indicating buying on dips.
Bitcoin (BTC) dropped from a high of $47,200 on April 5 to a low of $42,107 on April 8, indicating possible selling by short-term traders who may have preferred to lock in their profits. However, the price action is still stuck in a tight range during the weekend, indicating that supply and demand are in balance.Although the Crypto Fear & Greed Index is in the fear zone, Bitcoin whales on crypto exchange Bitfinex remained unfazed and continued to purchase BTC. Interestingly, one large investor continued to buy $1 million of Bitcoin every day, without attempting to time the market, using the strategy of dollar-cost averaging.Crypto market data daily view. Source: Coin360Another whale that utilized the dip to add more Bitcoin to its existing stockpile was Terra. This week, the wallet associated with the Lu
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