Bitcoin Could Fall Toward $105,000 Amid Potential OG Whale Sell-Off, Analysts Warn

Bitcoin Bears Aim For $105K While Altcoins Hold Steady | The New York Ledger

Bottom line: Bitcoin bulls will need to rapidly press the cost back above the 20-day EMA to avoid a collapse to $105,000. The shallow pullback in choose altcoins recommends that the financiers are not rushing to offer them as they prepare for the up transfer to continue. Bitcoin (BTC) is attempting to increase above $110,000, however the bears are protecting the level. Crypto market belief platform Santiment stated in a report that “purchase t…

Bitcoin Technical Analysis Report

Bitcoin faces turbulent conditions as it struggles to hold above $108,000, with little evidence of a recovery on the horizon. Caution dominates trading activity, amplified by Wall Street’s closure for the Labor Day holiday and looming concerns over a Bitcoin whale potentially offloading another billion-dollar tranche of BTC into the market. Investor sentiment is further weighed down by a combination of factors: transfers and selling from long-do…

Bitcoin Could Fall Toward $105,000 Amid Potential OG Whale Sell-Off, Analysts Warn

Bitcoin sell-off risk from an influential “OG whale” could drive a sizable correction; a large-scale liquidation may push prices lower, potentially toward $105,000, by increasing supply pressure and triggering stop-loss

Bitcoin Could Drop to $105K Ahead of Labor Day Amid Whale Threats and Seller Surge

Recent market developments in the cryptocurrency space have sparked fears of a significant price correction for Bitcoin, potentially dropping to as low as $105,000. This comes amid concern over a large-scale sell-off by an influential early investor, often referred to as an “OG whale,” which could impact the broader crypto market and investor sentiment. Potential Market Impact from Whale Activity Analysts suggest that this prominent Bitcoin inve…

Bitcoin at risk of Labor Day crash to $105K as sellers capitalize on OG BTC whale threat

Key takeaways: Bitcoin dip buyers are back, but still being overpowered by sellers in the futures and spot markets.Closed markets on the Labor Day holiday and the threat of selling by OG Bitcoin whales could send BTC price to $105,000 and below.Bitcoin (BTC) trades amid rocky waters as the price struggles to hold above $108,000, and at the moment, there are no signs of a recovery in sight. Traders are exercising caution due to Wall Street being …