Bitcoin whale support lines up as trader says $14K 'most bearish' BTC price t...
$20,000 is being keenly watched while big buys from 2020 stand between spot price and the lowest Bitcoin bottom estimates. Bitcoin (BTC) survived another night without breaking $20,000 on June 17 as $14,000 cemented itself as a likely bottom level.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader plans to go "all in" on BTC at $14,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $20,220 on Bitstamp overnight before rebounding up to $1,200 higher.The pair remained skittish but within a narrow range as market participants waited to see how long....
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Bitcoin whale clusters show that the $18,600 level is the most important short-term resistance level for BTC price. The 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 are more likely to sell at a profit or breakeven rather a loss, clusters typically act as support or resistance levels.In the near term, whale clusters from Whalemap....
Bitcoin could drop to as low as $27,000 in a bearish scenario, analysts say, which would bring panic to the altcoin market. Some analysts say that the price of Bitcoin (BTC) could drop to $27,000 in a bearish scenario if it falls through the $30,000 support area.The potential drop to $27,000 is conditional in that BTC would have to break down below $30,500, where it strongly bounced from on Jan. 11. Bitcoin whale clusters. Source: WhalemapWhich is the short-term Bitcoin bottom?In the foreseeable future, there are three key technical levels at play for Bitcoin: $34,500, $30,500, and....
Eight years ago today on October 6, 2014, while the price of bitcoin was coasting along at $330 per unit, an anonymous Bitstamp trader placed an order to sell 30,000 bitcoins. Moreover, the trader, now infamously known as the “Bear Whale,” sold the coins at $300 per unit, which put extreme pressure on the nascent bitcoin market that saw roughly $29 million a day in global trade volume. A Look at the October 2014 Bitcoin ‘Bear Whale Incident’ While bitcoin (BTC) is trading for just below the $20K region, approximately eight years ago today, bitcoin traders faced....
On-chain data shows an XRP whale has made a large inflow into the Coinbase exchange, a sign that could be bearish for the asset’s price. An XRP Whale Has Made A Huge Transaction During The Past Day According to data from the cryptocurrency transaction tracker service Whale Alert, a large movement has taken place on […]
Bitcoin extended decline below the $45,000 support against the US Dollar. BTC remains at a risk of a move towards the $42,000 support zone. Bitcoin gained bearish momentum after it broke the $45,000 support zone. The price is trading below $45,000 and the 100 hourly simple moving average. There are two bearish trend lines forming with resistance near $43,900 and $46,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend decline towards the $42,000 level in the near term. Bitcoin Price Dives Over 5% Bitcoin price started a major decline from the $47,000....