Bitcoin price at ‘critical’ point as whale moves $348M BTC to exchanges - Source: CoinTelegraph

Bitcoin’s market is at a “crucial moment” after breaking key long-term support levels, coinciding with large BTC transfers from a digital asset treasury company to a major exchange.

Key takeaways:

• -Bitcoin risks plunging into a bear market if it breaks below the True Market Mean at $81,500.

• -Two wallets linked to Matrixport transferred 4,000 Bitcoin to Binance, fueling fears of a fresh sell-off.

Story continues: https://cointelegraph.com/news/bitcoin-price-critical-point-whale-moves-348m-btc-to-exchanges