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Heres why Bitcoin price cant go higher than $87.5K

Heres why Bitcoin price cant go higher than $87.5K
© Copyright Image: CurrencyCrypt

Bitcoin is seeing classic manipulatory whale moves on Binance, analysis warns, with BTC price upside capped below $90,000 as a result of liquidity massaging.

Bitcoin (BTC) is being capped at $87,500 thanks to manipulation by one or more whales, new analysis says.

The latest market coverage by trading resource Material Indicators on March 20 reveals why BTC/USD is stuck in its current range.

Bitcoin has managed to sustain $80,000 as support for more than a week while hitting two-week highs of $87,500 on March 20. 

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The post Heres why Bitcoin price cant go higher than $87.5K first appeared on CurrencyCrypt.

Read more: https://currencycrypt.net/heres-why-bitcoin-price-cant-go-higher-than-87-5k/

Text source: CurrencyCrypt

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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