Bitcoin struggled to break $88,000, with concerns of order-book manipulation growing. Analysts warn of a potential trip to “Bearadise” if support fails. TradingView data shows BTC/USD trading in a tight range. Large entities are manipulating the market, concentrating bid liquidity between $85k-$87.5k. Closing below $87,500 could lead to Bearadise. Whales form a buying wall at $86,000, hinting at increased volatility. Wyckoff analysis predicts a possible sub-$80,000 bottom for Bitcoin by month-end. MartyParty forecasts a market turnaround after the Wyckoff “spring” event.
Read more at Cointelegraph: Bitcoin Risks a Trip to “Bearadise” at the Hands of a Manipulative Entity
