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Bitcoin
is progressing towards target zone.
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BTC
98,112.26
+0.68%
739
0
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FET analysis: Price is unable to hold the level and break below it. You can start buying at the local support and add more in dips. The whole market is in correction and it is good to accumulate some. Local Support Area: $1.48-$1.52 Support Area: $1.00-$1.15 Resistance Area: $1.85-$1.95
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💰 Bitcoin Down -$4k from mentioned Short Zone 📉
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💰 Bitcoin hits our $93.7k and $95.5k, Looking at $98k - $99k area for new short positions.
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Massive Liquidations Sweep the Market In the past 24 hours, a staggering 584,023 traders were liquidated, with total liquidations reaching $1.76 billion! The largest single liquidation order was recorded on Binance: ETHUSDT valued at $19.69M. A strong reminder to manage leverage wisely in this volatile market!
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Bitcoin experienced a significant drop, dipping below the support level. However, the positive news is that BTC managed to close the candle above this support area. If it had closed below, it would likely have led to further declines in the market. The critical level to maintain is around $95,000.
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