BTC falls below $60K as Wall Street opens on August 9, traders suspect whales are playing tricks.

- BTC/USD down 3% from open, faces strong resistance above $62K, possibly manipulation.

- CoinGlass: "Someone placed a large sell order from $61200-$62500, total 12K BTC. This doesn't make sense."

- Daan Crypto Trades: "Buy $300M, sell $750M on Binance. Price may stabilize temporarily."

- Spoofing is a common tactic in the crypto market.

Traders divided on BTC price strength:

- Some predict sharp decline, others believe in long-term trend.

- Mustache: "BTC breaks 200-day EMA, usually leads to strong price increase."

- Rekt Capital expects bulls to break downtrend before closing.

On August 8, BTC had its second-best day in history, from $1.08T to $1.21T, increasing its dominance by 0.4% to 58%, the highest in a year.

💬 What do you think about the current BTC situation? Comment below!