Bitcoin price charges higher, but whales line up to sell BTC at $20K

Bitcoin price charges higher, but whales line up to sell BTC at $20K

Bitcoin (BTC) staged a welcome comeback after the Sept. 28 Wall Street open as bulls faced off with whale-sized sellers.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Whales lie in wait at $20,000

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining over $1,000 on the day to see highs of $19,656 on Bitstamp.

The move characteristically copied an uptick for United States equities, with the S&P 500 and Nasdaq Composite Index up 1.5% and 2.2%, respectively.

Now,…


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