Bitcoin (BTC) holders have sent nearly 5,983 BTCs to exchanges during Thursday’s early Asian session. This move opens up the pioneer crypto to more so
The $155 million BTC is 1.97% of the 24-hour trading volume of Bitcoin, which currently sits at $7.88 billion, according to crypto data aggregator CoinGecko.
A breakdown of the $25,142 support level would lead to a retest of $24,267, which is another key foothold. On the other hand, Bitcoin price might squeeze early bears by pushing up to $26,151 and collecting the buy-side liquidity. Any stop-losses placed below the aforementioned level would invalidate the bearish thesis.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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