Bitcoin’s (BTC) price has moved sideways since the Tuesday flash crash that saw top cryptocurrency lose over 20% of its market value within an hour. The price fell from near $53K to sub $43K levels before recovering above $45K. The price volatility on Tuesday led to Bitcoin losing a strong on-chain support zone of $45K-$50K. The post Bitcoin Whales Derivative Accumulation Surges, Here’s Why it Could Send BTC Over $50K appeared first on Coingape.