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Cryptology Key predicted the change in the value of Bitcoin and Ethereum
#MarketCorrectionBuyOrHODL
Disclaimer: The material is not a financial recommendation or a call to action. The presented analysis is the personal opinion of its authors. Incrypted is not responsible for the investment decisions of readers.
On the night of December 16, 2024, Bitcoin renewed its all-time high above $106,000. Ethereum, for its part, broke through the $4,000 level, but was unable to consolidate there. Cryptology Key analysts shared their vision of the situation and predicted the further price movement of these assets.
Disclaimer: The material is not a financial recommendation or a call to action. The presented analysis is the personal opinion of its authors. Incrypted is not responsible for the investment decisions of readers.
On the night of December 16, 2024, Bitcoin renewed its all-time high above $106,000. Ethereum, for its part, broke through the $4,000 level, but was unable to consolidate there. Cryptology Key analysts shared their vision of the situation and predicted the further price movement of these assets.
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#BTCNextMove
Bitcoin's fall below $96,000 led to $1.2 billion in liquidations
Volatility in the crypto market led to an increase in liquidations to about $1.2 billion in 24 hours. Over the past 24 hours, 36,336 traders liquidated their positions. Over $1 billion in losses fell on long positions, about $151 million on shorts. By assets, altcoins, Bitcoin and Ethereum dominate - in pairs with these cryptocurrencies, positions worth about $269 million, $246 million and $223 million were liquidated, respectively. Most crypto assets from the top 10 by capitalization showed a decline, with the price of Dogecoin (DOGE) falling the most - by 11.5%. The fear and greed index reached a value of 74 basis points, which indicates the "greed" of traders. Recall that on the night of December 19, 2024, the volume of liquidations reached $800 million against the background of Bitcoin's fall to $99,000.
20.12.2024
#incrypted
Bitcoin's fall below $96,000 led to $1.2 billion in liquidations
Volatility in the crypto market led to an increase in liquidations to about $1.2 billion in 24 hours. Over the past 24 hours, 36,336 traders liquidated their positions. Over $1 billion in losses fell on long positions, about $151 million on shorts. By assets, altcoins, Bitcoin and Ethereum dominate - in pairs with these cryptocurrencies, positions worth about $269 million, $246 million and $223 million were liquidated, respectively. Most crypto assets from the top 10 by capitalization showed a decline, with the price of Dogecoin (DOGE) falling the most - by 11.5%. The fear and greed index reached a value of 74 basis points, which indicates the "greed" of traders. Recall that on the night of December 19, 2024, the volume of liquidations reached $800 million against the background of Bitcoin's fall to $99,000.
20.12.2024
#incrypted