April 20, 2025

Bitcoin Slowing Down Despite Whale Accumulation: Traders Monitoring This Exchange Metric

1 min read

Bitcoin is within a bullish formation following gains from last week after spring, as seen on July 15 when prices broke above the 20-day moving average. However, even with the optimism, cracks are beginning to form. Yesterday, on July 23, prices retracted, cooling off from over $67,500 to falling below the all-important support at $66,000.

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Source: Bitcoinist

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