Crypto Whale Buying Activity Is Good and Bad News for Bitcoin Bulls27.6

By CCN: A bitcoin analyst and blogger confirms that the recent rise in the bitcoin price was not due to any kind of organic investor flow. My theory was that crypto whale traders swooped in late last year not merely because of the 85% decline in BTC but because of a key technical trading factor – and nothing more. Willy Woo confirms that the recent price rise was driven more by whales buying and trying to manufacture a short squeeze. This is both good news and bad news for bulls. Good News for BTC Bulls The good news is that

The post Crypto Whale Buying Activity Is Good and Bad News for Bitcoin Bulls appeared first on CCN Markets

Original source
https://www.ccn.com/crypto-whale-buying-bitcoin-bulls

Add comment

Please Sign in to be able to leave comments.