Bitcoin analysis blames "spoofing" for a snap BTC price correction of more than $4,000 in hours.
Bitcoin (BTC) shed 4% on Jan. 7 as “predictable” BTC price action put whales in the spotlight.
BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it dipped below $98,000.