Bitcoin Whale Demand Hits Extreme Levels As Next Rally Loads Up

The Bitcoin price action has been muted over the p

Bitcoin Whale Demand Hits Extreme Levels As Next Rally Loads Up

Bitcoin Whale Demand Hits Extreme Levels As Next Rally Loads Up

The Bitcoin price action has been muted over the past few days, trading within the $90,000 and $88,000 levels. Classically, consolidation periods often precede major moves either to the upside or downside of the market.

Source; CryptoQuant
The price of BTC on the daily timeframe | Source: BTCUSD chart on TradingView

Featured image by DALL.E, chart from TradingView

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