Why Isn't Bitcoin's Price Going Up? Are Whales Using This Tactic?

CoinMarketCap

03-21

Although Bitcoin (BTC) rose slightly with the positive news coming from the US, this rise is short-lived. BTC cannot exceed a certain level in these rising waves.

At this point, trading platform Material Indicators said in its latest market assessment that Bitcoin has failed to surpass $87,500 and is stuck in a certain range.

Explaining the reasons for this, Material Indicators analysts stated that the Bitcoin price could not be increased by whales.

According to analysts, the Bitcoin price was capped at $87,500 due to the manipulative activities of large-volume trading organizations commonly referred to as “whales.”

These whales are using the “Spoofy the Whale” tactic, known as spoofing on the global trading platform Binance.

Within the scope of this tactic, liquidity above the current price is manipulated by whales to keep Bitcoin within a certain range.

Analysts note that large sell orders were entered strategically by whales to prevent the rally.

“If you're wondering why Bitcoin hasn't broken above $87,500 yet, it's because of price suppression by Spoofy the Whale.”

Analysts at Material Indicators added that the $76,000 support seen in recent months is insufficient as a solid base.

*This is not investment advice.

Continue Reading: Why Isn't Bitcoin's Price Going Up? Are Whales Using This Tactic?

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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Are Whales Using This Tactic?","media":"CoinMarketCap","content":"<html><body><p>Although Bitcoin (BTC) rose slightly with the positive news coming from the US, this rise is short-lived. 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Are Whales Using This Tactic?</b></p></body></html>","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Isn't Bitcoin's Price Going Up? 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Are Whales Using This Tactic?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CoinMarketCap</strong><span class=\"h-time small\">2025-03-21 20:49</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body><p>Although Bitcoin (BTC) rose slightly with the positive news coming from the US, this rise is short-lived. BTC cannot exceed a certain level in these rising waves.</p>\n<p>At this point, trading platform Material Indicators said in its latest market assessment that Bitcoin has failed to surpass $87,500 and is stuck in a certain range.</p>\n<p>Explaining the reasons for this, Material Indicators analysts stated that the Bitcoin price could not be increased by whales.</p>\n<p>According to analysts, the Bitcoin price was capped at $87,500 due to the manipulative activities of large-volume trading organizations commonly referred to as “whales.”</p>\n<p>These whales are using the “Spoofy the Whale” tactic, known as spoofing on the global trading platform Binance.</p>\n<p>Within the scope of this tactic, liquidity above the current price is manipulated by whales to keep Bitcoin within a certain range.</p>\n<p>Analysts note that large sell orders were entered strategically by whales to prevent the rally.</p>\n<p>“If you're wondering why Bitcoin hasn't broken above $87,500 yet, it's because of price suppression by Spoofy the Whale.”</p>\n<p>Analysts at Material Indicators added that the $76,000 support seen in recent months is insufficient as a solid base.</p>\n<p>*This is not investment advice.</p>\n<p><b> Continue Reading: Why Isn't Bitcoin's Price Going Up? Are Whales Using This Tactic?</b></p></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://coinmarketcap.com/community/articles/67dd60554f16d03a91f9e466/\">CoinMarketCap</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4594","symbol_name":"比特幣ETF概念","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/67dd60554f16d03a91f9e466/","article_id":"2521289623","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2521289623","pubTimestamp":1742561364,"columns":[],"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Although Bitcoin  rose slightly with the positive news coming from the US, this rise is short-lived. 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Are Whales Using This Tactic?","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0}}}