news

bitcoin

1 X bitcoin bitcoin =

Sunday

29 November 2020

Bitcoin rally set to continue after BTC whales build buy walls near $17.2K

Bitcoin rally set to continue after BTC whales build buy walls near $17.2K


smart summary beta

This shows that whales are using large buy orders to defend the $17,200 support area with strength.

Both whale clusters and exchange order books show that the $17,000 level is turning into a major support area.

Analysts at Whalemap track Bitcoin whale activity by identifying clusters and they said $17,783 and $17,651 have formed as clusters.

Hence, if whale clusters form at $17,783 and $17,651, it shows that whales bought at those levels and are holding onto their investment.

Goto Full Article

bitcoin bitcoin price

$17774.09

24h

Live Average

bitcoin

News Article Sentiment

positive

Score (0)

Article Metadata

author

site

cointelegraph.com
Market data feeds provided by cryptocompare.com
bitsmart 2020