"1011 Insider Whale" Proxy: Bitcoin Could Face Downside Risk If It Continues to Linger Around $76,500

Odaily reports that Garrett Jin, proxy for the "1011 Insider Whale," posted on X that the current situation for Bitcoin bulls is "not very optimistic," and that he does not want BTC to continue staying above $76,500.

Garrett Jin believes that the longer the price stays at this level, the greater the likelihood that it will break below this support and seek support at lower levels; if BTC is to show a stronger trend, it needs to reclaim and hold above $78,300.