Here’s why Bitcoin price can’t go higher than $87.5K

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paxful

Bitcoin is seeing classic manipulatory whale moves on Binance, analysis warns, with BTC price upside capped below $90,000 as a result of liquidity massaging.

Bitcoin (BTC) is being capped at $87,500 thanks to manipulation by one or more whales, new analysis says.

The latest market coverage by trading resource Material Indicators on March 20 reveals why BTC/USD is stuck in its current range.

Bitcoin has managed to sustain $80,000 as support for more than a week while hitting two-week highs of $87,500 on March 20. 

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