Crypto whales are busy
Martin points out that Bitcoin ‘keeps playing dead’ during the week with significant price moves being recorded only on the weekend.
$BTC streak of playing dead during the week and only making moves on the weekend is honestly impressive at this point. Hasn't moved more than 60$— Luke Martin (@VentureCoinist) March 20, 2019
One Twitter user jokingly suggested that crypto whales are struggling so hard during the crypto winter that they had to find Monday-through-Friday jobs.
Guessing some whale so broke they got a Monday thru Friday gig— Augustine (@Augustine8) March 20, 2019
Calm before the storm?
As reported earlier by U.Today, Bitcoin has finally surpassed the psychologically important mark of $4,000 on Saturday, March 16, after struggling to do so for weeks. This is not the first time when the king of crypto reached this milestone – on Sunday, Feb. 24, Bitcoin rallied to $4,150. However, it was shortly followed by a sharp market reversal that made the BTC price plunge nearly 5 percent.
At press time, the BTC price is at $4,053, still failing to break above yet another important resistance level of $4,200. However, this weekend could very likely become a game-changer.