Bitcoin Bulls Get a Technical Timeout as Chart Watchers Clutch Their Pearls
Key Points
- Bitcoin struggles below the crucial 200-day moving average o...
Just as everyone thought they had crypto trading figured out, Bitcoin decided to throw a curveball that has technical analysts frantically redrawing their fancy lines. The OG cryptocurrency is playing limbo with the 200-day moving average at $83,370, and spoiler alert: it's not winning.
Whale Watching: Big Fish or Red Herring?
While Bitcoin's price keeps trying to find its footing below the crucial moving average, some hefty wallet holders aren't hitting the panic button just yet. These 'whales' have been casually scooping up about 5,000 Bitcoin since March 3 - presumably while sipping pi...
While we have taken every measure to build an AI pipeline that generates credible and accuracte news, we still encourage you to conduct your own research before making investment decisions. InsAIght's content should not be considered professional financial or trading advice.