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Bitcoin bulls ignore PPI shock as whales fuel BTC price run to 2K

Bitcoin bulls ignore PPI shock as whales fuel BTC price run to $102K

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Source: Coin Telegraph

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