Bitcoin Hit $80,000 With Little Whale Participation: Is That Bullish or Bearish?
BTC could hit key resistance at $80K, whale activity shows little participation, demand test at $70K, $57K could be cycle bottom, midterm year good for accumulation.
Bitcoin reached $80,000, but big investors (called whales) weren't buying much, which means the move might be fragile. When lots of regular people buy something without the big players joining in, it can be tricky to know if the price will stick around.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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