Recent analysis from Santiment reveals that Bitcoin's price movements are more closely aligned with the strategies of whale investors rather than the impulsive reactions of retail traders.

The volatility observed in Bitcoin throughout 2024 demonstrates that crowd sentiment can often mislead, favoring strategic investors, or whales, over emotional retail traders.

Santiment highlights a stark contrast between whales, who strategically accumulate Bitcoin, and retail traders, who tend to react to short-term market trends.

Following a surge known as the 'Trump Pump' in late November 2024, Bitcoin's price stagnated, prompting many traders to predict a decline to $90,000.

Contrary to earlier predictions, Bitcoin exceeded $100,000 at the start of December, igniting a wave of fear of missing out (FOMO) among retail traders.

Investors are advised to practice patience, develop strategic plans, and consider approaches that counter prevailing market sentiment to achieve long-term success.

On December 16, 2024, Bitcoin reached an all-time high of approximately $108,300, with social media abuzz as traders speculated about the possibility of hitting $110,000.

Historical data suggests that aligning investment strategies with those of whales can lead to better outcomes, particularly during bearish market conditions.

The cryptocurrency market often moves contrary to the expectations of retail investors, who typically buy high and sell low, allowing whale investors to capitalize on these trends.