Bitcoin 'mega whales' send BTC price to $30K as volatility hits crypto
Bitcoin sees a sudden return to form as a reshuffle of order book liquidity precedes a spurt above crucial BTC price resistance. Bitcoin (BTC) returned above $30,000 on April 18 as volatility preceded the day’s Wall Street open. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin erases intraday losses Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as the pair suddenly added $500, delivering daily gains of more than 3%. The pair had previously worried traders, who watched as $30,000 support looked set to remain as longer-term resistance. The fact that #BTC went for another retest of the Higher High in a short space of time was a cause for concern Ultimately, $BTC Daily Closed below Higher High & now may be turning it back into resistance Needs to Daily Close above the HH to regain bullishness#Crypto #Bitcoin https://t.co/zMNvuNjxRH pic.twitter.com/HbsJJ0xszL — Rekt Capital (@rektcapital) April 18, 2023 Before crossing the $30,000 mark,...