{"id":26307,"date":"2025-08-20T20:04:37","date_gmt":"2025-08-20T17:04:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=26307"},"modified":"2025-08-22T17:48:33","modified_gmt":"2025-08-22T14:48:33","slug":"bitcoin-traders-highlight-potential-order-book-manipulations","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-traders-highlight-potential-order-book-manipulations\/","title":{"rendered":"Bitcoin Traders Highlight Potential Order Book Manipulations"},"content":{"rendered":"<p>Over the past six weeks, Bitcoin liquidity has significantly decreased in both directions. The largest order clusters are located at $112,000 and $120,000, <a href=\"https:\/\/x.com\/DaanCrypto\/status\/1958122339868029217\/photo\/1\">noted<\/a> the trader known as DaanCrypto.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXc2-L6ySbHMcQ6S1oyfC5Z_mv5XIWLndhyGZPPgCAGO0bcsQm1cYLEhX_Ok7TgtfM4d1tLM0xIzY02MW3q6qx37ZGQ-eyWON4fKzfcLJGgyo5ybnWIBjaDw90OemdD9J97wt2qgTg?key=cysSMfNJ3rNwUlXsEE22Dg\" alt=\"Bitcoin traders point to possible manipulations in the order book\"\/><figcaption class=\"wp-element-caption\">Bitcoin liquidation heatmap. Source: X.\u00a0<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWatch these areas, as they often serve as zones of local reversal or magnets when the price approaches them,\u201d the investor noted.\u00a0<\/p>\n<\/blockquote>\n<p>Co-founder of Material Indicators, Keith Alan, suggested that large volumes of liquidity in the order book, including &#8220;downside protection&#8221; at the $105,000 level, might be a form of price manipulation.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">2 Moves don\u2019t make a trend, but FireCharts is showing some behavior in the <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> order book that has similar characteristics of what we\u2019ve previously seen from \u201cSpoofy the Whale\u201d and \u201cNotorious B.I.D.\u201d<\/p>\n<p>Too soon to make any assumptions, but the influence on price direction will be\u2026 <a href=\"https:\/\/t.co\/sIsBwrgj9n\">pic.twitter.com\/sIsBwrgj9n<\/a><\/p>\n<p>\u2014 Keith Alan (@KAProductions) <a href=\"https:\/\/twitter.com\/KAProductions\/status\/1958122461515354322?ref_src=twsrc%5Etfw\">August 20, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cTwo moves don\u2019t make a trend [\u2026]. It\u2019s too early to make any assumptions, but the influence on price direction will be the same. Lowering the bid price provokes a drop in quotes. Stay tuned,\u201d he added.<\/p>\n<\/blockquote>\n<p>According to analyst TheKingfisher, Bitcoin might &#8220;turn red&#8221; even more, which would have serious consequences for altcoins.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> liquidation heatmap shows a notable cluster, likely marking a seller&#8217;s footprint from TOF this week. A strong liquidation zone sits at $102,349. Altcoins currently show a balanced skew. We might see a minor retrace aimed at liquidating high-leverage shorts. Momentum\u2026 <a href=\"https:\/\/t.co\/pTz4SvmSDc\">pic.twitter.com\/pTz4SvmSDc<\/a><\/p>\n<p>\u2014 TheKingfisher (@kingfisher_btc) <a href=\"https:\/\/twitter.com\/kingfisher_btc\/status\/1958059810617700795?ref_src=twsrc%5Etfw\">August 20, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>A significant liquidation zone is located at $102,349, the expert pointed out. He also expects a minor correction that will liquidate high-leverage shorts.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cMomentum remains stable. However, we may observe gradual cascading exhaustion from block to block. While major cryptocurrencies remain stable, a 5% drop in Bitcoin could trigger a 10\u201330% drop in altcoins,\u201d TheKingfisher emphasized.<\/p>\n<\/blockquote>\n<p>Trader RektCapital noted a positive aspect: a similar type of correction occurred at the same points in the cycle in 2017 and 2021. According to his observations, each pullback preceded a rise to new all-time highs.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> <\/p>\n<p>One of the most positive things about this current pullback is that this same type of retrace took place at this same moment in the cycle in both 2017 and 2021<\/p>\n<p>In both 2017 and 2021, each of those retraces preceded upside to new All Time Highs<a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&#038;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/t.co\/ONprKhpUvs\">https:\/\/t.co\/ONprKhpUvs<\/a><\/p>\n<p>\u2014 Rekt Capital (@rektcapital) <a href=\"https:\/\/twitter.com\/rektcapital\/status\/1957880146309898444?ref_src=twsrc%5Etfw\">August 19, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At the time of writing, the leading cryptocurrency is trading around $113,500, according to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\">CoinGecko<\/a>. Currently, investors&#8217; main focus <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-and-ethereum-pull-back-ahead-of-fed-chairs-speech\">is on<\/a> the release of the July meeting minutes of the <span data-descr=\"Federal Open Market Committee of the US Federal Reserve\" class=\"old_tooltip\">FOMC<\/span> and the speech by <span data-descr=\"Federal Reserve System of the USA\" class=\"old_tooltip\">Fed<\/span> Chairman Jerome Powell in Jackson Hole on August 20 and 22, respectively.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe stakes are high: it is necessary to determine the path of monetary policy while markets balance between reducing inflation and increasing labor market risks,\u201d <a href=\"https:\/\/www.qcpgroup.com\/insights\/asia-colour-150\/\">wrote<\/a> QCP analysts.<\/p>\n<\/blockquote>\n<p>According to the <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\">CME FedWatch Tool<\/a>, traders estimate an 85% probability of a 25 basis point rate cut by the Fed on September 17.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXeolJe2oEM3ljBSvt0pYyJd69coqA6YA47p9oz3gT330sASS9mxs_VK1recEAkIzKMGYsCjpPsDWSXghsIAIAuuuM3M1hldhONMnwBXADiBrApeVtK4fonVm1IqVqW4S3HJP9bojQ?key=cysSMfNJ3rNwUlXsEE22Dg\" alt=\"Bitcoin traders point to possible manipulations in the order book\"\/><figcaption class=\"wp-element-caption\">Source: CME FedWatch Tool.<\/figcaption><\/figure>\n<p>Earlier, K33 Research analysts <a href=\"https:\/\/forklog.com\/en\/news\/k33-research-analysts-warn-of-impending-volatility\">warned<\/a> of impending volatility amid the rise of the ETH\/BTC ratio to an annual high.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the past six weeks, Bitcoin liquidity has significantly decreased in both directions. The largest order clusters are located at $112,000 and $120,000.<\/p>\n","protected":false},"author":1,"featured_media":26308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"The largest liquidity clusters are located at $112,000 and $120,000.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1267,1145],"class_list":["post-26307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-trading","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"157","promo_type":"1","layout_type":"1","short_excerpt":"The largest liquidity clusters are located at $112,000 and $120,000.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=26307"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26307\/revisions"}],"predecessor-version":[{"id":26309,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26307\/revisions\/26309"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26308"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=26307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=26307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=26307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}