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Bitcoin whale support lines up as trader says $14K 'most bearish' BTC price target

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Bitcoin (BTC) survived another night without breaking $20,000 on June 17 as $14,000 cemented itself as a likely bottom level.Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $20,220 on Bitstamp overnight before rebounding up to $1,200 higher.The pair remained skittish but within a narrow range as market participants waited to see how long $20,000 would hold.

The picture was complicated by increasing concerns over investment fund Three Arrows Capital and others, as rumors claimed the former was seeking a bailout after it failed to meet margin call obligations.

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