Jordan Blake is a distinguished journalist specializing in Blockchain, Web3, and cryptocurrency coverage. Renowned for producing insightful and engaging content, Jordan’s work is characterized by meticulous research and deep analysis. With a strong passion for promoting the growth and understanding of blockchain technology, Jordan brings a unique blend of expertise to shape the rapidly evolving crypto industry. Devoted to sharing knowledge and fostering innovation, Jordan Blake is a key influencer in the global conversation on blockchain and cryptocurrency.
Bitcoin whales have purchased almost 22k BTC in a span of 72 hours as prices are inching towards $98k, leaving traders wondering whether it was the site of a breakthrough or a reverse catch.
The Ethereum reserves decreased by 600K ETH in 7 days when the Ethereum price sank below $2150, as analysts debate whether this will trigger a price rally or another wave of market pressure.
Bitcoin trades near key support at $89,500. A breakout above $98,500 could fuel gains, while a drop below may trigger a decline to $79,000. Volatility remains high.
Bitcoin drops 3.1% to $86,221.92 as whale accumulation strengthens. Volatility persists, with support at $85K and resistance at $90K shaping future price action.
Currently, Bitcoin stands at $83,543 down 3.07% having fallen below a main level at $85,993 which was key for this price drop as traders looked closely at a strong hold by buyers.
$2,000 is the current test for its support while traders would watch whether it gets to rebound or falls toward the value of $1,500 in the weeks to come.
Bitcoin eyes a breakout from a falling wedge pattern as whales accumulate. Key resistance at $95K-$96K could determine the next move toward $100K-$120K.