BTC price weakness delivers seven-week lows as whale “spoofing” across order books creates grim conditions for Bitcoin bulls.
Bitcoin (BTC) slipped below $60,000 for the first time in seven weeks on June 24 as analysis blamed “whale games” for t downside.
Data from Cointelegraph Markets Pro and TradingView showed new BTC price local lows of $59,809 on Bitstamp hitting after the Wall Street open.
Weakness, which began after the weekly close, continued through the Asia and Wall Street trading sessions to deliver 5% losses on the day for BTC/USD.
