Bitcoin whales push 'choreographed' BTC price as Ether nears $2K
Bitcoin and Ethereum are both attempting to tackle major price boundaries, but suspicions over the cause of the rally remain. Bitcoin (BTC) headed back toward $29,000 into April 5 as data showed whale orders guiding price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysis: BTC price push still "bear market rally" Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit $28,780 on Bitstamp. The pair continued a rebound from one-week lows under $27,300 seen at the start of the week courtesy of rumors around biggest exchange Binance and its CEO, Changpeng Zhao (known as CZ). After reclaiming $28,000, Bitcoin saw fresh momentum as Binance order book data showed large-volume “whale” traders buying. $BTC Binance Spot Keep an eye on the $28K area, those stacked buy walls will either support market buying here or will be pulled later. Supply is consistently being filled in these squeezes. 6K BTC bought in past 1H candle pic.twitter.c...