Indicator Shows Whale Selling Pressure on Bitcoin is Growing; What This Means
Bitcoin’s price action has been choppy to say the least, with its recent rally to fresh all-time highs
Read MoreBitcoin’s price action has been choppy to say the least, with its recent rally to fresh all-time highs
Read MoreThe price of Bitcoin (BTC) has started to recover on Dec. 12 after briefly dropping below $17,700 yesterday. Whale clusters show that the $18,600 level remains the biggest short-term roadblock for BTC.Whale clusters form at a price point where whales accumulate Bitcoin and do not move their holdings. Since whales
Read MoreIt has been a rough past few days for Bitcoin, with the cryptocurrency seeing immense sell-side pressure as
Read MoreBitcoin’s price action as of late has greatly favored buyers, with the cryptocurrency being caught within the throes
Read MoreBitcoin and Ethereum are rarely compared beyond when discussing market structures and price trends, with their underlying fundamental
Read MoreNew data from Whalemap suggests that in order to maintain bullish momentum Bitcoin price needs to hold above the $14,914 level.Whale clusters, like the bubbles shown on the chart below, form when high-net-worth investors purchase Bitcoin and do not move them. This indicates that whales accumulated BTC at that level
Read MoreYearn.finance’s YFI token is surprisingly resilient today despite the turbulence throughout the aggregated crypto market. While Bitcoin is
Read MoreBitcoin price is only a mere few hundred dollars away from setting a higher high and confirming a
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Read MoreAccording to Whalemap, there are three major Bitcoin (BTC) whale clusters in the near term that might serve as key technical levels. The $11,857, $12,256 and $12,868 levels would likely act as important support and resistance areas.In previous cycles, whale activity coincided with significant price movements at crucial technical levels.
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