BTCUSDT------->>>>ONLYBINANCE

25 Ağu 2024

Bitcoin (BTC) is currently reacting within an institutional zone, which is a key price area where large investors, known as "whales," typically make significant trades. In this case, the whales are selling their positions, which could indicate profit-taking or a lack of confidence in the price continuing to rise. This kind of massive selling can create downward pressure on the market, causing Bitcoin's price to decrease as supply outweighs demand at these price levels.