Bitcoin bulls ignore PPI shock as whales fuel BTC price run to $102K
Bitcoin whales are back in buy mode as BTC price strength continues despite a new stagflation jolt for the US Federal Reserve.
Bitcoin (BTC) came within 1% of new all-time highs on Dec. 12 as whales ate away at sell-side liquidity.
BTC/USD 4-hour chart. Source: Cointelegraph/TradingView
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to $102,000 after the Wall Street open.
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Author: William Suberg