Since topping out at $19,484, Bitcoin price has struggled to reclaim the $17,000-$18,000 level. As the price continues to decline, traders are targeting key underlying support levels to determine where traders will buy if BTC price continues to fall. The immediate support levels based on whale clusters are $16,694, $16,411, and $16,064. Below the $16,000 support, $15,355, $14,914, and $13,740 that could serve as macro support areas. Whale clusters form when whales accumulate BTC and do not move their recently acquired funds. The clusters also indicate where whales last bought,...
Full ArticleBitcoin whale clusters show these are the strong support levels
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