Anyone care to guess why we broke the all mighty $20K level on a weekend. Which also happens to actually be a long weekend.
Bitcoin had falled to amlost $20000 like five days to weekend, it couldn't go beyond $20000 and 21000 or so. To be candid, I was thinking it is possible the price will not hold during weekend because it is normal that the price of bitcoin do fall most of the time (but not all the time and it can increase during weekend at times) during weekends. So whales can think about this and sell.
Last night I got tons of whale alerts and lots of cryptos were deposited to many exchanges right at midnight. I found it very strange.
Whales has been depositing bitcoin into exchange before the price falled below $20000, this shouldn't be strange.
Why sell when liquidity is very low?
Bitcoin marketcap is still worth over $300 billion, the liquidity would have reduced but still very high.
Maybe they know something and are selling because on Tuesday bad news will come?
Is it to force stop hunts? If so it would of broke $20K and reversed by now
Please, what would happen on Tuesday?
For now, bitcoin price is is not easy to predict, but who wants to buy can buy and hold for long time like 2 or 3 years from now to make profit.