The recent pump to 8580 was done on a vacuum left behind by market makers with a limit sell order who removed their sell limits and started to aggressively sell bitcoin at market order.
Note
Iceberg sell order at 8560, they are probably expecting a dump
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.