\r\n\r\n\r\n \tWhale Alert revealed that whales have sold $532 million worth of BTC right after hitting the $19,000 mark.\r\n \tThis may have caused BTC to experience hiccups, causing it to lose its momentum temporarily.\r\n \tBitcoin is roughly $1K short of surpassing its all-time high (ATH).\r\n\r\n\r\n\r\nTwitter user Whale Alert made a series of tweets showing that whales have sold $532 million worth of BTC right after it hit the $19,000 mark.\r\n\r\nThe latest of these whale transactions came from a Coinbase account to an unknown wallet.\r\n\r\n\r\n\ud83d\udea8 \ud83d\udea8 1,398 #BTC (26,589,681 USD) transferred from #Coinbase to unknown wallet\r\nTx: https:\/\/t.co\/9UeUsxt3y4\r\n\r\n\u2014 Whale Alert (@whale_alert) November 25, 2020\r\n\r\n\r\n\r\nCumulatively, these whales sold 28,935 BTC in the last 17 hours after BTC hit $19,000. This may have inadvertently caused BTC to experience hiccups before attracting more investors again. At the time of writing, BTC is trading at $19,002.07, according to CoinGecko.\r\n\r\n\r\n\r\nAs seen on the chart above, whales have sold huge quantities of BTC after it breached the $19K level. This is only $1K short of reaching BTC\u2019s all-time high last December 2017. Also, the relative strength index (RSI) showed that from the moment BTC reached $19K, massive selling happened. This caused it to plummet from an overbought 74 to as low as 40.\r\n\r\nMeanwhile, buy orders are now mounting, causing BTC to regain its $19K price despite retreating to $18,600 earlier. In fact, many traders hope that BTC will reach the 1.1382 Fibonacci extension (around $25K) soon.\r\n\r\nAt the moment, all eyes are on Bitcoin and on whether it will surpass its all-time high in 2017. Also, other altcoins are having their own respective bull runs, especially XRP and Ethereum.