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The interesting coincidence here the double bottom formation that we had over the last 24 hours is also in line with the same pattern we had 24 days ago around this 21,400 level. 

Next level down is the 19,400 level but right now buying is happening and Asian markets are not even open yet. 


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Anonymous

Significant activity in MtGox wallets (random search) on 8-23-2022 . Examples: bc1qq4ccx2vmdxx559kcgyr4h86j9ca2remj2gs2d5 19iqYbeATe4RxghQZJnYVFU4mjUUu76EA6 (4,900 BTC). I would be cautious at this time since BTC distribution might be in place. 140,000 BTC.

Anonymous

140,000 BT is 0.9% of mkt cap. But prices are created on margin...