Bitcoin analysts point to ‘manipulation’ as BTC price falls to 17-day low


Bitcoin analysts point to ‘manipulation’ as BTC price falls to 17-day low


Analysts say Bitcoin’s price action is looking increasingly orchestrated, as BTC taps its lowest levels since Aug. 3 amid ongoing US selling.

Key points:

Bitcoin heads back below $113,000 at the Wall Street open as bulls fail to clinch support.

BTC price manipulation is one explanation for the downside, with exchange order-book bid liquidity in focus.

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