New K BTC sell wall appears amid worries Bitcoin could retrace

New $45K BTC sell wall appears amid worries Bitcoin could retrace

Bitcoin (BTC) was up nearly 5% in 24 hours at the Wall Street open on March 25, but a new warning sign was giving traders cold feet.

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

Bitfinex whale flips to sell mode

Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD hitting multi-week highs of $45,137 on March 25 as Wall Street got underway.

As $45,000 reappeared for the first time since the start of the month, however, so did all-too-familiar behavior among some…


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