Bitcoin (BTC) fell below $60,000 for the first time in seven weeks, with “whale games” blamed for the setback. The data shows new local lows of $59,809 on Bitstamp. Experts warn that whales are manipulating liquidity to influence price momentum. BTC long liquidations exceeded $136.5 million in the last 24 hours. However, some analysts see optimism in Bitcoin's Relative Strength Index (RSI) falling to a ten-month low. Analysts predict BTC at 55,500.

bitcoin #Bitcoin