Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on.
BTC/USD 1-day candle chart (Bitstamp) with 21, 50 MA.
Bitcoin whale moves 32K BTC dormant since 2018 Analysis of liquidation data on major exchange Bitfinex yielded a conclusion that an upside breakout from the range would "not have the momentum that a downside break would achieve."

The danger of a serious support loss thus remained a firm possibility based on trader activity.
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Source: Cointelegraph
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