Bitcoin 'mega whales' send BTC price to $30K as volatility hits crypto

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Bitcoin 'mega whales' send BTC price to $30K as volatility hits crypto
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And it's back! Bitcoin suddenly scoots above $30,000 — can it hold?

Reacting to the latest BTC price action, Michaël van de Poppe, founder and CEO of trading firm Eight, was optimistic.

“There we go for Bitcoin. Breaks through $30K, which means that we're back in the range,” he tweeted alongside a chart showing key levels.BTC/USD annotated chart. Source: Michaël van de Poppe/ TwitterThose banking on further downside were already feeling the pressure, with data fromBitcoin liquidations chart. Source: Coinglass

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