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Bitcoin worth dips beneath $18K — Time to look at these ‘whale cluster’ help zones

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Bitcoin worth dips beneath $18K — Time to look at these ‘whale cluster’ help zones

(BTC) worth dropped beneath the $18,000 help stage on Nov. 22. This comes after BTC constantly noticed excessive over-the-counter (OTC) and institutional quantity all through November.

1-hour chart. Supply: Tradingview

Information means that the rising institutional demand was possible one of many primary catalysts behind the BTC worth rally to $18,965.

Grayscale Bitcoin Belief day by day quantity. Supply: TradingView.com