Bitcoin price eyes $22K rebound with BTC market structure ‘not yet broken

Bitcoin (BTC) edged nearer to $22,000 throughout the end of the week as brokers and investigators encouraged alert on excessively negative feeling.

BTC/USD 1-hour flame outline (Bitstamp). Source: TradingView
Expert excuses "crazy" crypto opinion

Information from Cointelegraph Markets Expert and TradingView showed BTC/USD seeing little sprays higher into Feb. 12.

In the wake of hitting three-week lows the week earlier, Bitcoin was an objective for shrewd whales, on-chain examination asset Material Pointers made sense of.

Transferring an outline from the BTC/USD request book on Binance, Material Pointers caught opposition moving higher, with the possible increase in spot cost offering a more worthwhile selling level for enormous volume players.

"FireCharts shows Crypto Weekend whales appear to be keen on attempting to take advantage of the potential gain illiquidity in the Bitcoin request book to sell higher. By and by, I'm fine with that," some portion of the going with remarks read.