It may not happen, but a crash to $27,000 would be the chance for many investors to "go all in" on BTC.
Bitcoin (BTC) is facing calls for a significant price dip this week, and while some favor $30,000, there may be a safer bottom to long BTC.In a tweet on April 28, on-chain analysis platform Whalemap used whale support to determine where "many" investors should enter the market.Should hodlers hope for "max pain"?With Bitcoin whales in focus at what is the most historically significant consolidation zone in Bitcoin's history, their buying and selling now matters.Last month's push to near $50,000 was thwarted, among other things, by large-volume sellers, analysis showed at the time.Now, as $30,000 returns to traders' radar as an "ultimate bottom," those whales may in fact be primed to help cement a new macro floor for BTC/USD.For Whalemap, coins bought en masse at $27,000 mean that level — just below the 2021 yearly open and bottom from last July — is the one to watch."25k-27k area is max pain for many," it commented.