FTX’s $2.2 billion creditor payout begins, posing a critical liquidity test for Bitcoin. Amid rising oil, strengthening dollar, and tightening financial conditions, BTC’s resilience is challenged.
New Bitcoin whales are capitulating, selling at a loss amidst a market pullback, while veteran ‘OG’ whales quietly accumulate, signaling a potential bottom and rally.
Bitcoin traders eye a $6,000 CME futures gap between $104,160 and $110,370. Learn how these gaps form, their impact on BTC price, and key support/resistance levels amid improving risk sentiment.
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