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Bitcoin worth dips under $18K — Time to observe these ‘whale cluster’ help zones

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Bitcoin worth dips under $18K — Time to observe these ‘whale cluster’ help zones

(BTC) worth dropped under 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

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

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