June 25 (Cointime) - Bitcoin has experienced a significant surge, rising by almost 15% to reach $31,250. The increase in trading volume to $10 billion over the weekend has sparked speculation about whether whales are buying into Bitcoin and driving its upward momentum.
An on-chain analyst suggests monitoring BTC whales on low-liquidity exchanges to gain valuable insights into market movements. Technical indicators indicate overbought conditions, and a breach below the $30,700 level could trigger a corrective pullback. Cryptonews provides information on 15 cryptocurrencies and a cryptocurrency price tracker, but it is important to conduct your own research before investing as cryptocurrencies carry a high level of risk and are not financial advice.
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