Whales Defended Bitcoin’s $58K-$63K Zone, Says Jamie Coutts

The post Whales Defended Bitcoin’s $58K-$63K Zone, Says Jamie Coutts appeared first on Coinpedia Fintech News Analyst Jamie Coutts said the $58,000 to $63,000 range was “viciously defended” by large holders, pointing to unusually high volume on both centralized exchange charts and onchain spot data at that level.

He called it Bitcoin’s current line in the sand, warning a break below would be damaging given how much capital rotated in there. …