Bitcoin Whales Aren’t Selling Their BTC; It May Be Boosting Its Price

Bitcoin’s price action has been rather mixed as of late. Although the cryptocurrency has been slowly grinding higher, the lower-$11,000 region has proven to be a heavy resistance zone that is hampering its growth. The intensity of the selling pressure here seems to indicate that bulls may not be quite as strong as they previously appeared to be, indicating that the benchmark digital asset may be on the cusp of seeing further downside. Despite these short-term signs of weakness, one factor that is boosting B
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