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

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. “Spoofy the whale” gets blame for BTC price 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.  Despite following broad volatility across risk assets, BTC/USD may have gone even higher were it not for maneuvers of large-volume trading entities on exchange order books source: https://cointelegraph.com/news/why-bitcoin-price-cant-go-higher-than-87-5-k?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound