$1 Billion Liquidated in 24 Hours as Bitcoin Drops Below $83,000
The cryptocurrency market has experienced a sharp downturn, with Bitcoin’s price dropping below $83,000. This decline has led to a wave of liquidations totaling $1 billion over the past 24 hours, as leveraged traders faced significant losses amid the market correction. According to Coinglass, a total of 305,170 traders were liquidated during this period, reflecting…
Legendary Analyst Peter Brandt Lists 6 Reasons Bitcoin Has Flipped Bullish
After a week of notable crashes, Bitcoin has again seen life breathed into its price trajectory and has reclaimed its mark above $90,000. The major primer for the return of bullish momentum was the announcement of a US crypto strategic reserve by President Donald Trump over the weekend, which could be the beginning of an…
Crypto Liquidations Near $1 Billion As Bitcoin & Altcoins Bounce Back
Data shows the cryptocurrency market has witnessed massive liquidations during the past day following the recovery Bitcoin and the altcoins have made. Bitcoin & Altcoins Have Jumped Back Following Trump’s Announcement Bitcoin and the rest of the cryptocurrency sector ended February on a very bearish note, as the market went through a deep drawdown that…
Bitcoin’s Exchange Flows Indicate Changing Investor Behavior—What’s Next?
Bitcoin’s price has recently experienced notable volatility, driven by significant market developments and investor activity. Following an initial decline in recent days, BTC surged above $94,000 on Sunday. This increase was fueled by reports of an upcoming US strategic crypto reserve that includes BTC and other major digital assets. However, as of today, BTC is trading…
Bitcoin Price Retreats—Key Support Levels in Focus After Reversal
Bitcoin price started a fresh decline from the $95,000 resistance zone. BTC is back below $90,000 and might continue to move down. Bitcoin started a fresh decline from the $95,000 resistance zone. The price is trading below $92,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line…
Bitcoin Sellers Incur Loss As SOPR Drops To 0.95 – A Sign Of Market Bottom?
According to a recent Quicktake post by CryptoQuant analyst abramchart, short-term Bitcoin (BTC) investors are incurring losses, suggesting that the crypto market may have hit its bottom and a trend reversal could be on the horizon. Has Bitcoin Bottomed? Bitcoin experienced significant volatility over the past week, dropping from $96,000 on February 23 to $78,258…
Crypto Comeback: Bitcoin Surges with Positive Bias Toward Key Levels
Bitcoin price started a fresh increase from the $78,000 support zone. BTC must clear $95,000 to continue higher in the near term. Bitcoin started a fresh increase above the $90,000 resistance zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support…
Bitcoin Nears $76,000 Target Amid Price Correction — But Will This Support Hold?
Over the past week, Bitcoin has experienced a strong market correction with prices falling as low as $80,000. Based on a double top formation, Bitcoin is expected to head to $76,000 before re-establishing an uptrend. However, market analyst Cryptododo7 has indicated the possibility of a lower market bottom. Bitcoin Bears In Control: Will $67,000 Emerge…
Is The Bitcoin Bull Cycle Really Over? This Indicator Suggests Price Could Rebound To $130,000
The past week has been a rollercoaster ride for the cryptocurrency market, as the value of most large-cap assets took a significant hit over the last seven-day period. Specifically, the Bitcoin price fell beneath $80,000 for the first time since that almost vertical surge in November 2024. As expected, the market downturn has led to…
Bitcoin CME Gap Is Still Open, Why $78,000 – $80,700 Are Very Important
A new Bitcoin Chicago Mercantile Exchange (CME) gap has just been opened around $78,000 and $80,700. Analysts warn that this price range could act as a magnet for further downturns in the Bitcoin price, making it a critical area to watch in the coming days. According to crypto analyst Rekt Capital on X (formerly Twitter),…