Bitcoin Whale Accumulation Sees a Sharp Spike as Bitcoin Flashes Rare Buy Signal

[Fawpac2]

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