Bitcoin Risks a Trip to Bearadise at the Hands of a Manipulative Entity

Bitcoin (BTC) lingered beneath $88,000 into Thursday’s Wall Street open as attention switched to order-book manipulation.

Key points:

• Bitcoin is facing fresh attempts to manipulate short-term price action, says analysis.

• Order-book data flags key support and the risk of a trip to “Bearadise” if it fails to hold.

• Wyckoff BTC price bottom calls grow more confident as the monthly close nears.

Bitcoin at “gateway to ‘Bearadise’”

Data from TradingView showed ongoing BTC price weakness, with BTC/USD…