Post
Topic
Board Speculation
Re: Why Bitcoin has not been able to hit $20k price in 2020?
by
globalcitizen
on 16/12/2020, 14:45:27 UTC
It's pretty simple: It's because there are a crap ton of bitcoin being sold at the $19,000+ range.

Take a look at that gigantic sell wall on Binance:


Now that this wall has been broken, where do we go from there? Judging by the wall, I'm seeing it's likely to climb above $25K. May be I'm not a good analysts on buy and sell walls  Smiley You can help me out with a better analysis about the direction of its next move.