Bitcoin has been trading between $68,000 and $69,000, struggling to break through this resistant range.
The significant resistance at the $67,300 level has now turned into a support zone, indicating some stability in the market.
However, concerns are growing over whether whale traders might influence the market, potentially pushing Bitcoin's price downward.
Analysts suggest that whale activities, characterized by large volume trades, could trigger volatility, impacting Bitcoin's current trajectory.
Market dynamics, including leverage trading reaching new highs, are being monitored to predict upcoming price movements.
