{"id":385995,"date":"2021-12-26T12:02:20","date_gmt":"2021-12-26T09:02:20","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-slips-under-50k-amid-warning-new-player-binance-whale-is-pressuring-btc-price\/"},"modified":"2021-12-26T12:02:20","modified_gmt":"2021-12-26T09:02:20","slug":"bitcoin-slips-under-50k-amid-warning-new-player-binance-whale-is-pressuring-btc-price","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-slips-under-50k-amid-warning-new-player-binance-whale-is-pressuring-btc-price\/","title":{"rendered":"# Bitcoin slips under $50K amid warning &#8216;new player&#8217; Binance whale is pressuring BTC price"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a39d468ed0eb\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a39d468ed0eb\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-slips-under-50k-amid-warning-new-player-binance-whale-is-pressuring-btc-price\/#%E2%80%9CNew_player%E2%80%9D_beefs_up_50000_sell_wall\" >&#8220;New player&#8221; beefs up $50,000 sell wall<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-slips-under-50k-amid-warning-new-player-binance-whale-is-pressuring-btc-price\/#Ethereum_preserves_4000_defense_zone\" >Ethereum preserves $4,000 defense zone<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># Bitcoin slips under $50K amid warning &#8216;new player&#8217; Binance whale is pressuring BTC price <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Bitcoin (BTC) lost $50,000 for the first time in several days on Dec. 26 as exchange inflows caught up with the cautiously optimistic mood.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-12\/de491a50-a4ae-4c7f-89e2-01b7509d7328.png\"><figcaption style=\"text-align: center;\"><em>BTC\/USD 1-hour candle chart (Bitstamp). Source: TradingView<\/em><\/figcaption><\/figure>\n<h2><span class=\"ez-toc-section\" id=\"%E2%80%9CNew_player%E2%80%9D_beefs_up_50000_sell_wall\"><\/span>&#8220;New player&#8221; beefs up $50,000 sell wall<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=BITSTAMP\">TradingView<\/a>\u00a0showed volatility hitting BTC\/USD overnight on Saturday.<\/p>\n<p>The pair had reached $51,500 before starting to retrace, this culminating in a dip to $49,644. At the time of writing, Bitcoin was back circling $50,000.<\/p>\n<p>The move came in tandem with a <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/Balance\">rise in inflows<\/a> to major exchange Binance, with order book data showing a new wall of resistance being built at $50,000.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-12\/fe4e28aa-afe7-41dc-ae0d-9be2a884dc82.png\"><figcaption style=\"text-align: center;\"><em>Binance order book heatmap chart. Source: Material Indicators<\/em><\/figcaption><\/figure>\n<p>The behavior points to a large-volume investor shaping market bias, and Binance was already the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Mtrl_Scientist\/status\/1474521987091517440\">source of suspicion<\/a> over such activity in recent days.<\/p>\n<p>&#8220;This looks like a new player,&#8221; data analysis account Material Scientist noted in comments on Binance&#8217;s rapidly-changing order book setup.\u00a0<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-12\/c2dc3c89-c924-4c67-b11b-03d75621e23d.png\"><figcaption style=\"text-align: center;\"><em>Binance BTC balance chart. Source: Coinglass<\/em><\/figcaption><\/figure>\n<p>Overall, exchange balances have crept up 60,000 BTC beginning Dec. 22, from 1.69 million to 1.75 million BTC, data from on-chain monitoring resource Coinglass shows.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ethereum_preserves_4000_defense_zone\"><\/span>Ethereum preserves $4,000 defense zone<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In some mild relief for altcoin traders, most large-cap tokens remained relatively unscathed after Bitcoin&#8217;s latest dip.<\/p>\n<p><strong><em>Related:\u00a0Top crypto winners and losers of 2021<\/em><\/strong><\/p>\n<p>Ether (ETH) was still above $4,000 at the time of writing. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-12\/7131d732-0415-4c90-bfbe-2cb96b35cf96.png\"><figcaption style=\"text-align: center;\"><em>ETH\/USD 1-hour candle chart (Bitstamp). Source: TradingView<\/em><\/figcaption><\/figure>\n<p>Others in the top ten cryptocurrencies by market cap either kept losses below 1.5% or saw flat performance.<\/p>\n<p>For ETH\/USD, popular trader Pentoshi highlighted $3,940-$4,000 as a &#8220;key&#8221; area for bulls to defend going forward.<\/p>\n<p>&#8220;Currently long. Would like to see a push up and some momentum off this rounded bottom. Looking to sell 4.4-4.5k,&#8221; he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Pentosh1\/status\/1474829617462759428\">added<\/a>.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-slips-under-50k-amid-warning-new-player-binance-whale-is-pressuring-btc-price\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Bitcoin slips under $50K amid warning &#8216;new player&#8217; Binance whale is pressuring BTC price &#8221; Bitcoin (BTC) lost $50,000 for the first time in several days on Dec. 26 as exchange inflows caught up with the cautiously optimistic mood. BTC\/USD 1-hour candle chart (Bitstamp). Source: TradingView &#8220;New player&#8221; beefs up $50,000 sell wall Data&#8230;<\/p>\n","protected":false},"author":1,"featured_media":385997,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvYjE1MGFlZTItZDljMy00NGYzLThjYmYtZjkzYzY0OTEyMmJhLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,75014,74862,74937,82402,74891,73785],"class_list":["post-385995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-binance","tag-bitcoin","tag-bitcoin-price","tag-ether-price","tag-ethereum","tag-markets"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/385995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=385995"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/385995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/385997"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=385995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=385995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=385995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}