Launch at 3, 2 … Here’s Why Bitcoin Breaking $ 40,000 Is Different Than Last Time By Cointelegraph

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Launch at 3, 2 … Here’s Why Bitcoin Breaking $ 40,000 Is Different Than Last Time

The price of (BTC) surpassed $ 40,000 on February 6 for the first time in 23 days. But this time around, market sentiment is much calmer with a less overheated derivatives market. The combination of a less crowded Bitcoin futures market, selling pressure from whales peaking, and a rapid rally could help BTC stabilize above $ 40,000 this time. Bitcoin exchanges data with whale orders (brown line). Source: Material indicators Support levels of the whale cluster. Source: Whalemap Continue reading on Coin Telegraph

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