(BTCThe price of ) fell from an April 5 high of $47.200 to a April 8 low of $42,107. This could indicate that short-term traders may have sold to secure their gains. The price action for the weekend is however still in an extremely tight range, which indicates that demand and supply are balanced.

Although the Crypto Fear & Greed Index is in the fear zone, Bitfinex’s Bitcoin whales were not perturbed by the crypto-exchange BitfinexContinued to buy BTC.