Bitcoin price at ‘critical’ point as whale moves $348M BTC to exchanges

A whale moved 4,000 Bitcoin to Binance, sparking fresh fears of a deeper BTC price drop if the $81,500 support level is lost.

Bitcoin’s (BTC) market is at a “crucial moment” after breaking key long-term support levels, coinciding with large BTC transfers from a digital asset treasury company to a major exchange.

Key takeaways:

Bitcoin risks plunging into a bear market if it breaks below the True Market Mean at $81,500.

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