Secondary risks:
• Upside risk: A break above $98,000 could accelerate.
• Downside risk: Failure below $93,500 support would invalidate.
Final takeaway:
Bid-side whales currently control the book, creating a path of least resistance toward the $98,000 resistance level.
$BTC Whale Bids Outweigh Asks, Bias Up
Primary bias: UP
• Whale bids exceed asks by $14.2M, indicating stronger institutional demand.
• Significant liquidity sits at $94,000 and $93,500, creating a support zone.
• Initial resistance is clustered near $98,000.
Built for @krakenfx Forge hackathon @taikainetwork and focuses on three core features: live order books, time travel, and order intelligence feature which enable deep understanding of liquidity and price impact metrics.
⚠️ Registration closes TODAY
Last call for Kraken Forge hackathon.
If you want to test yourself against production-level @krakenfx engineering problems… this is your chance 👇