Connect with us

Business

Bitcoin whale clusters pinpoint 3 key levels for BTC price rally to continue – Cointelegraph

There are three key whale clusters in the near term that might act as support and resistance areas for Bitcoin price

Published

on

post featured image

According to Whalemap, there are three major Bitcoin (BTC) whale clusters in the near term that might serve as key technical levels. The $11,857, $12,256 and $12,868 levels would likely act as important support and resistance areas.
In previous cycles, whale activity coincided with significant price movements at crucial technical levels. For instance, Cointelegraph reported that a whale sold at $12,000 after HODLing for years. In the next few weeks, BTC dropped to sub-$10,000.
Bitcoin whale clusters….

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending