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Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Fawpac2 on July 03, 2021, 11:39:07 PM

Title: Bitcoin Whale Accumulation Sees a Sharp Spike as Bitcoin Flashes Rare Buy Signal
Post by: Fawpac2 on July 03, 2021, 11:39:07 PM
Bitcoin price continues its consolidation under $35K with strong support at $33K. However, whale addresses holding 1k-10k BTC have registered a sharp spike, indicating a significant spike.The top cryptocurrency also registered a 5% rise in price over the past 24-hours, rising from a daily low of $32,893 to a daily high of $34,748. BTC has moved in the price range of $30K-$40k for the majority of the past two months after seeing a massive sell-off in the second week of May.Bitcoin would need to break past $35K immediate resistance before any further move, it managed to do so last week but couldn’t hold onto the gains and fell below the immediate resistance again.Source (https://cryptonews.net/951321/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)