{"id":427217,"date":"2024-09-26T17:30:56","date_gmt":"2024-09-26T12:00:56","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=427217"},"modified":"2024-09-26T13:18:27","modified_gmt":"2024-09-26T07:48:27","slug":"whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/","title":{"rendered":"Whales resume shorting Bitcoin at $65K \u2014 Tracking BTC&#8217;s next move"},"content":{"rendered":"<ul>\n<li><em>Bitcoin w<span style=\"font-weight: 400;\">hales resumed shorting as price approached $65K.<\/span><\/em><\/li>\n<li><em>The bot tracker indicator says there is increased buy-side bot activity.<\/em><\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\">Bitcoin&#8217;s [BTC]<\/a> price movement is closely watched by the market as it is the biggest cryptocurrency and thus, influences the overall market performance.<\/p>\n<p>Recently, whales resumed shorting BTC as it neared $65K, sparking concerns about a potential drop before any significant upward move.<\/p>\n<p>Whale Position Sentiment, an indicator tracking whale activity across exchanges, has showed a decrease in sentiment, signaling more short positions being taken.\u00a0This sentiment shift often has a strong correlation with Bitcoin\u2019s price action.<\/p>\n<figure id=\"attachment_427218\" aria-describedby=\"caption-attachment-427218\" style=\"width: 1600px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYXeeSXXIAAYhxG.jpg\"><img decoding=\"async\" class=\"wp-image-427218 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYXeeSXXIAAYhxG.jpg\" alt=\"Bitcoin\" width=\"1600\" height=\"900\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYXeeSXXIAAYhxG.jpg 1600w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYXeeSXXIAAYhxG-300x169.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYXeeSXXIAAYhxG-1024x576.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYXeeSXXIAAYhxG-768x432.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYXeeSXXIAAYhxG-1536x864.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYXeeSXXIAAYhxG-1200x675.jpg 1200w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><\/a><figcaption id=\"caption-attachment-427218\" class=\"wp-caption-text\">Source: Alphractal<\/figcaption><\/figure>\n<p>For BTC to avoid slipping into bearish territory, it must hold above $62K, the Short-Term Holder Realized Price, a key level signaling the continuation of the current trend.<\/p>\n<h2><strong>Average leverage delta<\/strong><\/h2>\n<p>The fall in whale sentiment has caused Bitcoin&#8217;s average leverage delta between longs and shorts to drop below -10. This means that short leverage is currently dominating the market, which was previously driven by long leverage.<\/p>\n<p>Although whales have shifted their positions, the average leverage delta does not confirm a bearish outlook just yet. Bitcoin is still holding above the $63K level, maintaining support at the 200 exponential moving average.<\/p>\n<figure id=\"attachment_427219\" aria-describedby=\"caption-attachment-427219\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYW4MpcXkAAftQl.png\"><img decoding=\"async\" class=\"wp-image-427219 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYW4MpcXkAAftQl.png\" alt=\"Bitcoin\" width=\"2560\" height=\"1265\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYW4MpcXkAAftQl.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYW4MpcXkAAftQl-300x148.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYW4MpcXkAAftQl-1024x506.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYW4MpcXkAAftQl-768x380.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYW4MpcXkAAftQl-1536x759.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYW4MpcXkAAftQl-2048x1012.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYW4MpcXkAAftQl-1200x593.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-427219\" class=\"wp-caption-text\">Source: Hyblock Capital<\/figcaption><\/figure>\n<p>Despite the whales\u2019 activity, this suggests that BTC may still push higher if certain conditions are met&#8230;<\/p>\n<h2><span style=\"font-weight: 400;\"><strong>UTXO realized price distribution<\/strong> <\/span><\/h2>\n<p>The first crucial indicator supporting Bitcoin\u2019s outlook is the UTXO Realized Price Distribution (URPD), which reveals that the $63K level serves as one of the most important support zone. This area also includes the $65K resistance level.<\/p>\n<figure id=\"attachment_427220\" aria-describedby=\"caption-attachment-427220\" style=\"width: 2328px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYVbCDeXYAoO6Js.jpg\"><img decoding=\"async\" class=\"wp-image-427220 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYVbCDeXYAoO6Js.jpg\" alt=\"Bitcoin\" width=\"2328\" height=\"1296\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYVbCDeXYAoO6Js.jpg 2328w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYVbCDeXYAoO6Js-300x167.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYVbCDeXYAoO6Js-1024x570.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYVbCDeXYAoO6Js-768x428.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYVbCDeXYAoO6Js-1536x855.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYVbCDeXYAoO6Js-2048x1140.jpg 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYVbCDeXYAoO6Js-1200x668.jpg 1200w\" sizes=\"(max-width: 2328px) 100vw, 2328px\" \/><\/a><figcaption id=\"caption-attachment-427220\" class=\"wp-caption-text\">Source: Ali\/Glassnode<\/figcaption><\/figure>\n<p>If Bitcoin manages to stay above $63K, it has the potential to break through $65K. However, a drop below this support could lead to a dip to $60K before any upward move resumes. The market is carefully watching this zone to determine Bitcoin&#8217;s next direction.<\/p>\n<h2><strong>Bitcoin bot tracker indicator<\/strong><\/h2>\n<p>Further supporting a bullish outlook for <a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> is the Bot Tracker Indicator. This tool tracks high-frequency bot-like activity in the market, showing that bots are accumulating long positions.<\/p>\n<p>Increased buy-side bot activity often correlates with a rise in price. If Bitcoin experiences a slight pullback to $60K, it could attract more whale buying at discounted prices, which may push BTC back up toward $65K, resulting in significant gains for larger holders.<\/p>\n<figure id=\"attachment_427222\" aria-describedby=\"caption-attachment-427222\" style=\"width: 2560px\" class=\"wp-caption alignleft\"><img decoding=\"async\" class=\"size-full wp-image-427222\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYWXYP8XoAEIo73-scaled.jpg\" alt=\"BTC\" width=\"2560\" height=\"1397\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYWXYP8XoAEIo73-scaled.jpg 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYWXYP8XoAEIo73-300x164.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYWXYP8XoAEIo73-1024x559.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYWXYP8XoAEIo73-768x419.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYWXYP8XoAEIo73-1536x838.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYWXYP8XoAEIo73-2048x1118.jpg 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/GYWXYP8XoAEIo73-1200x655.jpg 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><figcaption id=\"caption-attachment-427222\" class=\"wp-caption-text\">Source: Hyblock Capital<\/figcaption><\/figure>\n<p>While whales have resumed shorting Bitcoin as it nears $65K, the overall market structure remains intact. As long as BTC holds above key levels such as $62K and $63K, there is potential for higher gains.<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read\u00a0<a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin\u2019s [BTC] Price Prediction<\/a>\u00a02024-25<\/p>\n<hr \/>\n<p>Bot activity and other on-chain indicators support a bullish outlook, suggesting that any dip may be short-lived before BTC makes another upward move.<\/p>\n<p>Traders and investors should keep a close eye on these key support and resistance levels to gauge the market&#8217;s next move.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Whales short BTC, but key support levels suggest potential for higher gains.<\/p>\n","protected":false},"author":98,"featured_media":427226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,360,66,3,4,20],"tags":[],"class_list":["post-427217","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-btc-trading-view","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Whales resume shorting Bitcoin at $65K \u2014 Tracking BTC&#039;s next move - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Whales resumed shorting Bitcoin as it neared $65K, sparking concerns about a potential drop before any significant upward move.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Whales resume shorting Bitcoin at $65K \u2014 Tracking BTC&#039;s next move - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Whales short BTC, but key support levels suggest potential for higher gains.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-26T12:00:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/News-Articles-FI-Editors-2024-09-26T131715.573.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lennox Gitonga\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/lennoxgitonga\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lennox Gitonga\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"AnalysisNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\\\/\"},\"author\":{\"name\":\"Lennox Gitonga\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/2e30c6eabb27ebd61e6b40e35e3bfdac\"},\"headline\":\"Whales resume shorting Bitcoin at $65K \u2014 Tracking BTC&#8217;s next move\",\"datePublished\":\"2024-09-26T12:00:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\\\/\"},\"wordCount\":516,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/News-Articles-FI-Editors-2024-09-26T131715.573.jpg\",\"articleSection\":[\"Bitcoin\",\"BTC Trading View\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\\\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\\\/\",\"name\":\"Whales resume shorting Bitcoin at $65K \u2014 Tracking BTC's next move - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/News-Articles-FI-Editors-2024-09-26T131715.573.jpg\",\"datePublished\":\"2024-09-26T12:00:56+00:00\",\"description\":\"Whales resumed shorting Bitcoin as it neared $65K, sparking concerns about a potential drop before any significant upward move.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/News-Articles-FI-Editors-2024-09-26T131715.573.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/News-Articles-FI-Editors-2024-09-26T131715.573.jpg\",\"width\":1792,\"height\":1024,\"caption\":\"Bitcoin\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/2e30c6eabb27ebd61e6b40e35e3bfdac\",\"name\":\"Lennox Gitonga\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/7742849e-53ec-4881-82d6-b96de68a0f13-100x100.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/7742849e-53ec-4881-82d6-b96de68a0f13-100x100.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/7742849e-53ec-4881-82d6-b96de68a0f13-100x100.jpg\",\"caption\":\"Lennox Gitonga\"},\"description\":\"Lennox Gitonga is a Financial Market and On-Chain Analyst at AMBCrypto with a Bachelor of Commerce in Finance. As a former equities trader, he applies traditional market rigor to crypto, delivering clear technical and on-chain analysis that explains price action, liquidity, and network behavior driving digital asset trends.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/lennox-gitonga\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/x.com\\\/lennoxgitonga\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/lennox-gitonga\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Whales resume shorting Bitcoin at $65K \u2014 Tracking BTC's next move - AMBCrypto","description":"Whales resumed shorting Bitcoin as it neared $65K, sparking concerns about a potential drop before any significant upward move.","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/","og_locale":"en_US","og_type":"article","og_title":"Whales resume shorting Bitcoin at $65K \u2014 Tracking BTC's next move - AMBCrypto","og_description":"Whales short BTC, but key support levels suggest potential for higher gains.","og_url":"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2024-09-26T12:00:56+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/News-Articles-FI-Editors-2024-09-26T131715.573.jpg","type":"image\/jpeg"}],"author":"Lennox Gitonga","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/x.com\/lennoxgitonga","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Lennox Gitonga","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"AnalysisNewsArticle","@id":"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/"},"author":{"name":"Lennox Gitonga","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/2e30c6eabb27ebd61e6b40e35e3bfdac"},"headline":"Whales resume shorting Bitcoin at $65K \u2014 Tracking BTC&#8217;s next move","datePublished":"2024-09-26T12:00:56+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/"},"wordCount":516,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/News-Articles-FI-Editors-2024-09-26T131715.573.jpg","articleSection":["Bitcoin","BTC Trading View","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/","url":"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/","name":"Whales resume shorting Bitcoin at $65K \u2014 Tracking BTC's next move - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/News-Articles-FI-Editors-2024-09-26T131715.573.jpg","datePublished":"2024-09-26T12:00:56+00:00","description":"Whales resumed shorting Bitcoin as it neared $65K, sparking concerns about a potential drop before any significant upward move.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/whales-resume-shorting-bitcoin-at-65k-tracking-btcs-next-move\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/News-Articles-FI-Editors-2024-09-26T131715.573.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/09\/News-Articles-FI-Editors-2024-09-26T131715.573.jpg","width":1792,"height":1024,"caption":"Bitcoin"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/2e30c6eabb27ebd61e6b40e35e3bfdac","name":"Lennox Gitonga","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/7742849e-53ec-4881-82d6-b96de68a0f13-100x100.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/7742849e-53ec-4881-82d6-b96de68a0f13-100x100.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/11\/7742849e-53ec-4881-82d6-b96de68a0f13-100x100.jpg","caption":"Lennox Gitonga"},"description":"Lennox Gitonga is a Financial Market and On-Chain Analyst at AMBCrypto with a Bachelor of Commerce in Finance. As a former equities trader, he applies traditional market rigor to crypto, delivering clear technical and on-chain analysis that explains price action, liquidity, and network behavior driving digital asset trends.","sameAs":["https:\/\/www.linkedin.com\/in\/lennox-gitonga","https:\/\/x.com\/https:\/\/x.com\/lennoxgitonga"],"url":"https:\/\/ambcrypto.com\/author\/lennox-gitonga\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/427217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/98"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=427217"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/427217\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/427226"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=427217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=427217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=427217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}