Bitcoin (BTC) sought to overturn August resistance on Sep. 10 as whale buy-levels dictated BTC price action.
BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewWhales provide short-term price ceiling
Analyzing the events, on-chain monitoring resource Whalemap noted that clusters of buy-ins by whales had effectively allowed Bitcoin to put in a floor.
$19,000 had been a high-volume zone of interest for buyers previously, and this thus remained unviolated during the visit to two-month lows.
As Cointelegraph reported, two other key whale support zones lie at $16,000 and