Bitcoin skyrocketed above the $76,000 resistance on Friday after Iran’s foreign minister said that the Strait of Hormuz will remain open for the remainder of the ceasefire between the US, Israel and Iran. Another positive sign for the bulls is that BTC’s rise has been supported by solid accumulation by the whales. According to CryptoQuant data, BTC whales holding more than 1,000 BTC have added about 270,000 coins in the past 30 days, the largest buying spree since 2013. However, some analysts remain skeptical about BTC’s advance. Glassnode said in its latest Week Onchain newsletter that the current recovery has more ... (full story)