Whale Games? Top Crypto Strategist Says This Is Driving Current Bitcoin (BTC) Correction - BitcoinEthereumNews.com
Bitcoin cryptoMga Larong Balyena? Sinasabi ng Nangungunang Crypto Strategist na Ito ang Nagtutulak sa Kasalukuyang Pagwawasto ng Bitcoin (BTC).04 / 10 / 2022Balita ng Ethereum ng Bitcoin A closely followed crypto strategist and trader is unveiling what he believes is the catalyst behind Bitcoins latest pullback. Pseudonymous analyst Credible told his 322,500 Twitter followers earlier this month while Bitcoin was still trading above $47,000 that a deep-pocketed investor has placed massive buy orders between $40,000 to $44,000. “A large player has layered bids between $40,000 – $44,000, in line with the retest of our weekly level mentioned in my tweet below. Seems to be the same entity that filled a ton of bids at $32,000- $38,000, our literal bottom. If price can be manipulated into his bids below, it probably will be. BTC.” Source: Kredito / Twitter The crypto strategist was referring to a tweet he posted on April 1st where he predicted a Bitcoin pullback to around $42,000 before the next leg up. According to Credible, the correction will allow the large entity to accumulate BTC at lower levels. “With this last weekly close, we have reclaimed a very significant level. The last four times we closed above or below this level on the high timeframe,