The post Can Bitcoin Hold $58,000? Here’s What Traders Should Know appeared first on Coinpedia Fintech News After a massive price decline in Bitcoin (BTC), now it has reclaimed its $58,000 level. This massive recovery in the BTC price potentially occurred due to the higher interest from whales and institutions. On August 16, 2024, Bitcoin Whale withdrew a significant 533 BTC worth $31 million from Binance at an average price of $58,188, …