Even though retail investors have been noticeably selling off Bitcoin, the price of the cryptocurrency has remained firm. This is mostly because strong absorption and strategic accumulation by large holders have counterbalanced the influx of sell orders. The major market movers (whales) have not left the party. Many of them are in fact buying more and supporting the upwards price momentum and keeping the positive sentiment. But if they (and any erstwhile retail holdouts) start selling just as the horizon looks clear for the Bitcoin price to breach a key level like $110,000, watch out below. The present scenario is
The post Bitcoin Rally Holds Strong as Whales Accumulate Amid Retail Selling appeared first on The Merkle News.
