The post Bitcoin whale games get traders nervous as 12K BTC appears for sale appeared on BitcoinEthereumNews.com.

Bitcoin order book action is currently marked by significant sell-side liquidity, but this could disappear at any time, analysis says. Bitcoin dipped below $60,000 at the Aug. 9 Wall Street open as traders eyed “unreasonable” whale moves.  Data from Cointelegraph Markets Pro and TradingView showed the latest Bitcoin (BTC) price uptick running out of steam after reaching $62,775 on Bitstamp. Now down 3% versus the daily open, BTC/USD faced significant resistance above the $62,000 mark, with analysis suggesting that this could be intentional manipulation. Read more Source: https://cointelegraph.com/news/bitcoin-whale-games-traders-12k-btc-appears-for-sale?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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Filed under: News - @ August 10, 2024 1:14 pm