Bitcoin Whales Stay Away Even as Technical Indicator Flashes Oversold

CoinDesk published this video item, entitled “Bitcoin Whales Stay Away Even as Technical Indicator Flashes Oversold” – below is their description.

Bitcoin’s price slide appears overdone on technical charts. Still, demand from whales, or large crypto investors, remains elusive, signaling a low probability of a quick trend reversal higher. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

#cryptocurrency #digitalfinance #finance #bitcoin #crypto

Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1

Site: https://www.coindesk.com

Twitter: https://www.twitter.com/coindesk

LinkedIn: https://www.linkedin.com/company/3104779/admin

Instagram: https://www.instagram.com/coindesk

Facebook: https://www.facebook.com/CoinDesk

Newsletters: https://www.coindesk.com/newsletters

CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP

Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE

CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.

CoinDesk YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

Recent from CoinDesk:

Ledger Exec on Solana Wallet Hack, Potential Additional $100M Raise

Sino Global Capital CEO: Pelosi’s Visit to Taiwan ‘Bearish for Crypto’

How Crypto Brings Financial Inclusion to the Philippines

In This Story: Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

4 Recent Items: Bitcoin

Ledger Exec on Solana Wallet Hack, Potential Additional $100M Raise

Why crypto firms suffer massive losses from smaller crashes

Sino Global Capital CEO: Pelosi’s Visit to Taiwan ‘Bearish for Crypto’

How Crypto Brings Financial Inclusion to the Philippines

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.