Bitcoin Whales Turn Bearish?, What’s In Store For BTC Over The Weekend

Bitcoin Whales Turn Bearish?, What’s In Store For BTC Over The Weekend

Bitcoin has been moving back and forth along the line between $22,500 and $23,500 with bears increasing their efforts over today’s trading session. The cryptocurrency has seen an increase in selling pressure from BTC whales. Related Reading: This On-Chain Indicator Suggests Bitcoin Still Only 1/3rd Into Bear Market At the time of writing, Bitcoin (BTC) trades at $22,900 with a 2% profit in the last 24 hours and a 4% loss over the past week. In the top 10 by market cap, BTC is lagging while Ethereum, Binance Coin, Cardano, and Polkadot managed to remain in the green with profits over these....

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Bitcoin Price Watch; Here’s What’s On

Here's what we are looking at in the bitcoin price as we head into the weekend. In this morning’s analysis, we discussed the reversal of the overarching bullish momentum we had seen in the bitcoin price overnight, and suggested that it might just be corrective and – in turn – we could see a return to the upside throughout the Friday European session. While the bitcoin price remains within the range we defined earlier, action this afternoon has brought us to trade just shy of resistance, and it looks like we may get some further upside as we head into the Friday evening session and beyond,....