Bitcoin’s least volatile month ever? BTC price ends February up 0.03%

Bitcoin (

As Cointelegraph continues to report, exchange order books reveal a concerted effort to spark volatility from some of the largest BTC traders.

On Binance specifically, these “whales” have created a bid wall that has successfully guided spot price action in what monitoring resource Material Indicators calls “manipulated” markets.

“Bitcoin managed to close February with a green Monthly candle, but IMO nothing for bulls to celebrate,” it wrote in one of several recent tweets on the topic.

An accompanying chart sought to explain how whales are attempting to influence price action.

The views, thoughts and opinions expressed here are the authors’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.