BTCPrice
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#BTCNextMove : What’s Coming Next for Bitcoin? 📈
Bitcoin’s price movements are always a hot topic in the crypto world. But what’s next for BTC? Let’s break it down. 🔍
Key Factors to Watch 💡
Market Trends: Is the market leaning bullish or bearish?
News & Events: Upcoming regulations or adoption announcements can spark big moves.
Technical Analysis: Look at support and resistance levels for potential breakout points.
What Should You Do? 🤔
Stay Updated: Follow the latest news and market analysis.
Plan Ahead: Decide your strategy for both upward and downward moves.
BTC’s next move could be a game-changer. Stay alert and ready for action! 🚀
#Bitcoin #Crypto #BTCPrice #MarketAnalysis
$BTC
Bitcoin’s price movements are always a hot topic in the crypto world. But what’s next for BTC? Let’s break it down. 🔍
Key Factors to Watch 💡
Market Trends: Is the market leaning bullish or bearish?
News & Events: Upcoming regulations or adoption announcements can spark big moves.
Technical Analysis: Look at support and resistance levels for potential breakout points.
What Should You Do? 🤔
Stay Updated: Follow the latest news and market analysis.
Plan Ahead: Decide your strategy for both upward and downward moves.
BTC’s next move could be a game-changer. Stay alert and ready for action! 🚀
#Bitcoin #Crypto #BTCPrice #MarketAnalysis
$BTC
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BlackRock Buys Bitcoin Amid Price Volatility! 📉
📉 BlackRock Buys Bitcoin Amid Price Volatility! 📉
🔥 What Happened?
BlackRock just acquired 9,695 BTC worth $1 billion at an average price of $103,187/BTC, bringing their total holdings to 534,851 BTC ($53.89 billion). This move shows the strong commitment of large institutions to crypto.
However, despite the massive accumulation action, Bitcoin price fell 2.6% in the last 24 hours to US$102,448.86 (at the time of data collection). This decline was influenced by monetary policy sentiment, namely a 25 bps interest rate cut by the Fed.
🔥 What Happened?
BlackRock just acquired 9,695 BTC worth $1 billion at an average price of $103,187/BTC, bringing their total holdings to 534,851 BTC ($53.89 billion). This move shows the strong commitment of large institutions to crypto.
However, despite the massive accumulation action, Bitcoin price fell 2.6% in the last 24 hours to US$102,448.86 (at the time of data collection). This decline was influenced by monetary policy sentiment, namely a 25 bps interest rate cut by the Fed.
🚨 BREAKING: 649 $BTC (67.5M USD) Moved from Binance – What Does This Mean for the Market? 🚨
This massive transfer of 649 BTC could signal big changes in the market! 🔍
Will this affect Bitcoin's price or cause new market shifts? Traders and investors should stay alert!
🔑 Keep an eye on this and prepare for any possible market reactions.
#CryptoTransfer #MarketUpdate #CryptoAlert #BTCPrice #Blockchain
This massive transfer of 649 BTC could signal big changes in the market! 🔍
Will this affect Bitcoin's price or cause new market shifts? Traders and investors should stay alert!
🔑 Keep an eye on this and prepare for any possible market reactions.
#CryptoTransfer #MarketUpdate #CryptoAlert #BTCPrice #Blockchain
Today's PNL
2024-12-18
-$0.06
-1.77%
$BTC Short Liquidation Surge 🚨
Massive short liquidation just rocked the Bitcoin market, with a whopping $12.3K wiped out at an astonishing price point of $101,651.8! 💥 This major move has taken many by surprise, triggering intense price action and shaking up the market sentiment.
🟢 What Happened?
A massive squeeze on short positions sent Bitcoin skyrocketing, liquidating traders betting against the asset. This surge to $101,651.8 caught many shorts off guard, causing a sharp upward spike in price.
🔑 Key Takeaways:
Short Squeeze: The rapid price increase forced many short traders to cover their positions, amplifying the upward momentum.
Market Volatility: Such large liquidations highlight the unpredictable nature of the crypto space, where dramatic swings can happen in moments.
💥 What’s Next for Bitcoin?
After this thrilling short squeeze, will Bitcoin continue its bullish rally, or is a pullback inevitable? Watch the charts closely as $101,651.8 may become a key level to track in the coming days.
#BTC #Bitcoin #CryptoMarket #ShortSqueeze #BTCPrice #CryptoLiquidation
Massive short liquidation just rocked the Bitcoin market, with a whopping $12.3K wiped out at an astonishing price point of $101,651.8! 💥 This major move has taken many by surprise, triggering intense price action and shaking up the market sentiment.
🟢 What Happened?
A massive squeeze on short positions sent Bitcoin skyrocketing, liquidating traders betting against the asset. This surge to $101,651.8 caught many shorts off guard, causing a sharp upward spike in price.
🔑 Key Takeaways:
Short Squeeze: The rapid price increase forced many short traders to cover their positions, amplifying the upward momentum.
Market Volatility: Such large liquidations highlight the unpredictable nature of the crypto space, where dramatic swings can happen in moments.
💥 What’s Next for Bitcoin?
After this thrilling short squeeze, will Bitcoin continue its bullish rally, or is a pullback inevitable? Watch the charts closely as $101,651.8 may become a key level to track in the coming days.
#BTC #Bitcoin #CryptoMarket #ShortSqueeze #BTCPrice #CryptoLiquidation
Why Bitcoin (BTC) Prices Rise and Fall: A Comprehensive Analysis
Explore why Bitcoin prices fluctuate, analyzing key factors behind its rise and fall, including market demand, regulations, and volatility.
Understanding Bitcoin Price Fluctuations: Reasons for Its Rise and Fall
Bitcoin (BTC) is one of the most significant assets in the cryptocurrency market. In December 2024, its price surpassed $100,000, sparking immense interest among investors. But what drives Bitcoin's price to rise or fall? Let’s delve into the key factors influencing its volatility.
Reasons Behind Bitcoin Price Increases
1. Limited Supply:
Bitcoin has a fixed supply of 21 million coins. As demand increases, scarcity pushes its price higher, making it a valuable asset.
2. Institutional Investments:
When large institutions invest in Bitcoin, market confidence grows, leading to significant price increases. Recent years have seen heightened institutional interest.
3. Hedge Against Inflation:
Bitcoin is often viewed as digital gold. During times of economic uncertainty or currency devaluation, people turn to Bitcoin as a store of value, boosting its price.
4. Public Adoption:
Increased usage and acceptance of Bitcoin for transactions and as a financial instrument contribute to its value appreciation.
Reasons Behind Bitcoin Price Decreases
1. Market Volatility:
The cryptocurrency market is highly volatile. Large-scale selling by investors can trigger rapid price drops.
2. Regulatory Pressures:
Government restrictions or unfavorable regulations can erode investor confidence, causing prices to fall.
3. Security Risks and Hacking:
Major hacking incidents or security breaches on exchanges can lead to panic selling, driving the price downward.
4. Bearish Market Trends:
When sellers dominate the market and buyers are scarce, Bitcoin prices can decline significantly.
Analysis and Future Outlook
Bitcoin's price fluctuations are part of its nature as a volatile asset. While it has shown a tendency to rise over the long term due to limited supply and increasing adoption, short-term drops are influenced by external factors like market sentiment, regulations, and global events.
Investors should stay informed, conduct thorough market analysis, and evaluate risks before making decisions.
Conclusion
The rise and fall of Bitcoin prices are influenced by various interconnected factors. Understanding these dynamics is crucial for anyone looking to invest in cryptocurrencies. Proper market research and risk management strategies are essential to navigating the highs and lows of this exciting yet unpredictable market.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before investing.
#bitcoin☀️ #BTC #binance $BTC #BtcPrice
Understanding Bitcoin Price Fluctuations: Reasons for Its Rise and Fall
Bitcoin (BTC) is one of the most significant assets in the cryptocurrency market. In December 2024, its price surpassed $100,000, sparking immense interest among investors. But what drives Bitcoin's price to rise or fall? Let’s delve into the key factors influencing its volatility.
Reasons Behind Bitcoin Price Increases
1. Limited Supply:
Bitcoin has a fixed supply of 21 million coins. As demand increases, scarcity pushes its price higher, making it a valuable asset.
2. Institutional Investments:
When large institutions invest in Bitcoin, market confidence grows, leading to significant price increases. Recent years have seen heightened institutional interest.
3. Hedge Against Inflation:
Bitcoin is often viewed as digital gold. During times of economic uncertainty or currency devaluation, people turn to Bitcoin as a store of value, boosting its price.
4. Public Adoption:
Increased usage and acceptance of Bitcoin for transactions and as a financial instrument contribute to its value appreciation.
Reasons Behind Bitcoin Price Decreases
1. Market Volatility:
The cryptocurrency market is highly volatile. Large-scale selling by investors can trigger rapid price drops.
2. Regulatory Pressures:
Government restrictions or unfavorable regulations can erode investor confidence, causing prices to fall.
3. Security Risks and Hacking:
Major hacking incidents or security breaches on exchanges can lead to panic selling, driving the price downward.
4. Bearish Market Trends:
When sellers dominate the market and buyers are scarce, Bitcoin prices can decline significantly.
Analysis and Future Outlook
Bitcoin's price fluctuations are part of its nature as a volatile asset. While it has shown a tendency to rise over the long term due to limited supply and increasing adoption, short-term drops are influenced by external factors like market sentiment, regulations, and global events.
Investors should stay informed, conduct thorough market analysis, and evaluate risks before making decisions.
Conclusion
The rise and fall of Bitcoin prices are influenced by various interconnected factors. Understanding these dynamics is crucial for anyone looking to invest in cryptocurrencies. Proper market research and risk management strategies are essential to navigating the highs and lows of this exciting yet unpredictable market.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before investing.
#bitcoin☀️ #BTC #binance $BTC #BtcPrice
BTC: What's Next?
A significant event took place yesterday. BTC hit its all-time high (ATH). With the ATH attained, the price fell by $1000 in a minute. Most were surprised. Panic set in for some, and mass selling commenced. While the mass sale was on, a colleague asked how this could happen. I responded by saying only the derivatives could cause this type of mass selling. It turns out that quite a few derivatives got liquidated.
My piece of 4 March did mention a possible fall in price. I suspect something similar will happen at price points of between $70 and $72k. The reason is that there are a few take profits in the offing. While the Fear and Greed Index is now at 75, this does not mean that it is plain sailing. For the students of on-chain analysis, the Pi Cycle Top Indicator (PCTI) shows the BTC price hitting the 350-DMA x 2. The PCTI has to count for something.
I believe that the price of BTC will hit $100k sometime in the future, possibly this year. And as for when this will occur, your guess is as good as mine.
#nosazena #btcprice #bitcoin #Write2Earn #cryptomarket
A significant event took place yesterday. BTC hit its all-time high (ATH). With the ATH attained, the price fell by $1000 in a minute. Most were surprised. Panic set in for some, and mass selling commenced. While the mass sale was on, a colleague asked how this could happen. I responded by saying only the derivatives could cause this type of mass selling. It turns out that quite a few derivatives got liquidated.
My piece of 4 March did mention a possible fall in price. I suspect something similar will happen at price points of between $70 and $72k. The reason is that there are a few take profits in the offing. While the Fear and Greed Index is now at 75, this does not mean that it is plain sailing. For the students of on-chain analysis, the Pi Cycle Top Indicator (PCTI) shows the BTC price hitting the 350-DMA x 2. The PCTI has to count for something.
I believe that the price of BTC will hit $100k sometime in the future, possibly this year. And as for when this will occur, your guess is as good as mine.
#nosazena #btcprice #bitcoin #Write2Earn #cryptomarket
Cats launching.. Cats get to launch at a very low rate causing a slowdown in airdrop mining in some African countries and part of Asia.. What is the future of airdrop mining?! #catslaunching #satoshiNakamato #btcprice #airdrop
Bitcoin's steady climb continues! $BTC /USDT is trading at $99,789.46, $BTC with a slight dip of -0.10%, but the long-term trend looks bullish.
Key Highlights:
24h High: $101,351.00
24h Low: $98,657.70
7-Day Growth: +2.75%
30-Day Growth: +29.93%
1-Year Growth: +126.99%
Market Insight:
Resistance at $102,000 could spark a breakout.
Support at $98,600 may offer re-entry opportunities.
Whether you’re in for spot or futures trading, Bitcoin's momentum could lead to exciting gains.
🚀 What’s your next move?
#Bitcoin #CryptoTrading #BTCPrice #Binance #Write2Earn! $BTC
Key Highlights:
24h High: $101,351.00
24h Low: $98,657.70
7-Day Growth: +2.75%
30-Day Growth: +29.93%
1-Year Growth: +126.99%
Market Insight:
Resistance at $102,000 could spark a breakout.
Support at $98,600 may offer re-entry opportunities.
Whether you’re in for spot or futures trading, Bitcoin's momentum could lead to exciting gains.
🚀 What’s your next move?
#Bitcoin #CryptoTrading #BTCPrice #Binance #Write2Earn! $BTC
$BTC strong support area between 54 or 55 thousand dollars plan your trade in this range because of support area and strong liquidation level....!
#BTCUpdate🚀 #signals #bitcoinupdate #btcprice #btcnews #btctrading #btcanalysis
#BTCUpdate🚀 #signals #bitcoinupdate #btcprice #btcnews #btctrading #btcanalysis
Here are the latest predictions for the top 10 coins from Token2049 experts:
1. BTC is expected to hit $80,000 in May.
2. ETH could reach $4,500 between May and June.
3. BNB might rise to $650 in May to June.
4. SOL is projected to reach $350 in May to June.
5. DOT could hit $45 in June.
6. Matic may reach $3.5 between June and July.
7. ADA is predicted to be at $1.9 in May to June.
8. NEAR might reach $15 in May to June.
9. AGIX is anticipated to hit $3.5 in June.
10. DOGE could reach $0.45 between June and July.
#btc #btcprice #profit
1. BTC is expected to hit $80,000 in May.
2. ETH could reach $4,500 between May and June.
3. BNB might rise to $650 in May to June.
4. SOL is projected to reach $350 in May to June.
5. DOT could hit $45 in June.
6. Matic may reach $3.5 between June and July.
7. ADA is predicted to be at $1.9 in May to June.
8. NEAR might reach $15 in May to June.
9. AGIX is anticipated to hit $3.5 in June.
10. DOGE could reach $0.45 between June and July.
#btc #btcprice #profit
HELLO Assalam alaikum everyone.
In this post I will tell you the price of Bitcoin history.
:
1. **2009-2010**: Bitcoin was virtually worthless in its early days, with negligible trading volume and minimal adoption. Prices were measured in fractions of a cent, and only a handful of enthusiasts were mining and trading the cryptocurrency.
2. **2011**: Bitcoin started gaining traction, reaching parity with the US dollar for the first time in February 2011. However, it experienced significant volatility throughout the year, with prices fluctuating between $0.30 and $31.
3. **2012-2013**: Bitcoin's price surged in 2013, driven by increased media attention, growing adoption, and speculation. It reached an all-time high of over $1,000 in November 2013 before experiencing a sharp correction.
4. **2014-2015**: Bitcoin entered a prolonged bear market, with prices declining and stabilizing around the $200-$300 range. This period was characterized by regulatory uncertainty and the collapse of prominent Bitcoin exchanges like Mt. Gox.
5. **2016-2017**: Bitcoin's price began to climb again in 2016, fueled by growing institutional interest, regulatory clarity, and the emergence of new use cases like decentralized finance (DeFi). In December 2017, Bitcoin reached its previous all-time high, surpassing $20,000.
6. **2018-present**: Following the 2017 peak, Bitcoin experienced a significant correction, with prices falling below $4,000 in 2018. Since then, Bitcoin has exhibited a cyclical pattern of bull and bear markets, with prices fluctuating between $3,000 and $60,000.
#btc70k #btcprice #btchistory #write2earn #EarnFreeCrypto2024 $BTC
In this post I will tell you the price of Bitcoin history.
:
1. **2009-2010**: Bitcoin was virtually worthless in its early days, with negligible trading volume and minimal adoption. Prices were measured in fractions of a cent, and only a handful of enthusiasts were mining and trading the cryptocurrency.
2. **2011**: Bitcoin started gaining traction, reaching parity with the US dollar for the first time in February 2011. However, it experienced significant volatility throughout the year, with prices fluctuating between $0.30 and $31.
3. **2012-2013**: Bitcoin's price surged in 2013, driven by increased media attention, growing adoption, and speculation. It reached an all-time high of over $1,000 in November 2013 before experiencing a sharp correction.
4. **2014-2015**: Bitcoin entered a prolonged bear market, with prices declining and stabilizing around the $200-$300 range. This period was characterized by regulatory uncertainty and the collapse of prominent Bitcoin exchanges like Mt. Gox.
5. **2016-2017**: Bitcoin's price began to climb again in 2016, fueled by growing institutional interest, regulatory clarity, and the emergence of new use cases like decentralized finance (DeFi). In December 2017, Bitcoin reached its previous all-time high, surpassing $20,000.
6. **2018-present**: Following the 2017 peak, Bitcoin experienced a significant correction, with prices falling below $4,000 in 2018. Since then, Bitcoin has exhibited a cyclical pattern of bull and bear markets, with prices fluctuating between $3,000 and $60,000.
#btc70k #btcprice #btchistory #write2earn #EarnFreeCrypto2024 $BTC
🚀 Bitcoin stuck in BORING phase: What's next?
Wondering why Bitcoin’s price is stuck in a repetitive up-and-down pattern? It’s because we’re in the “BORING PHASE” that occurs before and after a Bitcoin halving event.
Historically, this phase lasts between 30 to 33 weeks before a significant price movement. In previous cycles, it was followed by strong parabolic moves leading to new all-time highs (ATH). If this pattern holds, the boring phase might end around September 2024, with October potentially shaping up to be a bullish “UP-tober.”
Looking at past cycles, Bitcoin prices surged by 2300% and 445% respectively. Based on these patterns, a conservative price estimate for the next ATH could range between $150,000 and $180,000. However, several factors could push Bitcoin to $250,000 or higher:
- A pro-crypto U.S. President could lead to positive regulations and increased liquidity
-The U.S. might adopt a Strategic Bitcoin Reserve, with other countries potentially following
- Russia’s use of crypto for international trade and the possibility of BRICS countries implementing similar strategies
- Rumors of China potentially lifting its crypto ban could also impact the market.
Historically, Bitcoin reaches new ATHs 74 to 77 weeks after the halving. If history repeats, we might see the next ATH around September to October 2025.
Final Takeaway: The boring phase might seem uneventful, but it’s a crucial time to reassess your crypto holdings, consider adding more Bitcoin, and prepare for the exciting phase ahead. Once the parabolic move starts, it’ll be all about Bitcoin, ATHs, and moon talk! 🌕🚀💰
Stay updated with @Professor Mende - Bonuz Ecosystem Founder and drop a follow!
#bitcoin #btc #bitcoinprice #halving #btcprice $BTC
Wondering why Bitcoin’s price is stuck in a repetitive up-and-down pattern? It’s because we’re in the “BORING PHASE” that occurs before and after a Bitcoin halving event.
Historically, this phase lasts between 30 to 33 weeks before a significant price movement. In previous cycles, it was followed by strong parabolic moves leading to new all-time highs (ATH). If this pattern holds, the boring phase might end around September 2024, with October potentially shaping up to be a bullish “UP-tober.”
Looking at past cycles, Bitcoin prices surged by 2300% and 445% respectively. Based on these patterns, a conservative price estimate for the next ATH could range between $150,000 and $180,000. However, several factors could push Bitcoin to $250,000 or higher:
- A pro-crypto U.S. President could lead to positive regulations and increased liquidity
-The U.S. might adopt a Strategic Bitcoin Reserve, with other countries potentially following
- Russia’s use of crypto for international trade and the possibility of BRICS countries implementing similar strategies
- Rumors of China potentially lifting its crypto ban could also impact the market.
Historically, Bitcoin reaches new ATHs 74 to 77 weeks after the halving. If history repeats, we might see the next ATH around September to October 2025.
Final Takeaway: The boring phase might seem uneventful, but it’s a crucial time to reassess your crypto holdings, consider adding more Bitcoin, and prepare for the exciting phase ahead. Once the parabolic move starts, it’ll be all about Bitcoin, ATHs, and moon talk! 🌕🚀💰
Stay updated with @Professor Mende - Bonuz Ecosystem Founder and drop a follow!
#bitcoin #btc #bitcoinprice #halving #btcprice $BTC
BITCOIN REACTS TO SOUTH AMERICAN FIRM'S 24K BTC PURCHASE PLAN 🚀
Nilam Resources, a prominent South American gold mining company, has sent shockwaves through the crypto sphere with its ambitious plan to acquire a staggering 24,800 Bitcoin (BTC). The move, facilitated through a Letter of Intent (LOI), signifies a bold leap into the world of digital assets, positioning Bitcoin as the cornerstone of the company's strategic vision.
Going all-in on BTC, Nilam Resources has inked a pivotal agreement with Xyberdata Ltd, paving the way for the acquisition of 100% ownership of a special purpose entity named MindWave. This entity will not only house the coveted Bitcoin reserves but also undisclosed digital assets, serving as collateral for future endeavors.
Echoing the sentiments of industry giants like #MicroStrategy , Nilam Resources underscores Bitcoin's unrivaled status as the "gold standard" and heralds its pivotal role in shaping the future of digital transactions.
Bitcoin's response to this groundbreaking announcement has been nothing short of spectacular, with the king coin witnessing a notable uptick in price, swiftly reclaiming the coveted $70,000 threshold. However, amid the jubilation, sentiments have been somewhat tempered, as reflected by a decline in Weighted Sentiment metrics.
Despite the surge in price and social interest surrounding Bitcoin, a lingering sense of skepticism pervades, potentially dampening the coin's immediate rallying prospects. As Bitcoin approaches its all-time high, lingering uncertainties loom large, exacerbated by the anticipation of the impending halving event.
In this dynamic landscape, the crypto community eagerly awaits the unfolding of events, poised to navigate the shifting tides of sentiment and market dynamics.
As always, stay tuned for further updates with Professor Mende as the crypto saga continues to unfold. 🌟
#btcprice #btc #bitcoin $BTC
Nilam Resources, a prominent South American gold mining company, has sent shockwaves through the crypto sphere with its ambitious plan to acquire a staggering 24,800 Bitcoin (BTC). The move, facilitated through a Letter of Intent (LOI), signifies a bold leap into the world of digital assets, positioning Bitcoin as the cornerstone of the company's strategic vision.
Going all-in on BTC, Nilam Resources has inked a pivotal agreement with Xyberdata Ltd, paving the way for the acquisition of 100% ownership of a special purpose entity named MindWave. This entity will not only house the coveted Bitcoin reserves but also undisclosed digital assets, serving as collateral for future endeavors.
Echoing the sentiments of industry giants like #MicroStrategy , Nilam Resources underscores Bitcoin's unrivaled status as the "gold standard" and heralds its pivotal role in shaping the future of digital transactions.
Bitcoin's response to this groundbreaking announcement has been nothing short of spectacular, with the king coin witnessing a notable uptick in price, swiftly reclaiming the coveted $70,000 threshold. However, amid the jubilation, sentiments have been somewhat tempered, as reflected by a decline in Weighted Sentiment metrics.
Despite the surge in price and social interest surrounding Bitcoin, a lingering sense of skepticism pervades, potentially dampening the coin's immediate rallying prospects. As Bitcoin approaches its all-time high, lingering uncertainties loom large, exacerbated by the anticipation of the impending halving event.
In this dynamic landscape, the crypto community eagerly awaits the unfolding of events, poised to navigate the shifting tides of sentiment and market dynamics.
As always, stay tuned for further updates with Professor Mende as the crypto saga continues to unfold. 🌟
#btcprice #btc #bitcoin $BTC
$ETH $good day to trade btc 🤑🏆
probably something btc sushi 💭🍣
#btc #writetoearn #btcprice $BTC $
$
BTC
$70,017
ETH
$3,796
USDT
$0.9996
BNB
$616
SOL
$178
XRP
$0.54
USDC
$1.00
ADA
$0.501
AVAX
$40.69
TRX
$0.124
DOGE
$0.17
LINK
$16.71
DOT
$7.58
MATIC
$0.74
ICP
$13.56
SHIB
$0.00
DAI
$1.00
BCH
$518
LTC
$89.02
UNI
$9.52
ETC
$31.90
ATOM
$8.85
HBAR
$0.12
FIL
$6.23
Ad
Prashant Jha
PRASHANT JHA
5 HOURS AGO
Bitcoin shorts worth $1.4B at risk of liquidation if BTC price hits $74.3K
The recent bullish price momentum is attributed to several factors, including increasing investor confidence, decreasing exchange supply and inflows into spot BTC ETFs.
4846
42
2:34
Bitcoin shorts worth $1.4B at risk of liquidation if BTC price hits $74.3KNEWS
Own this piece of crypto history
Collect this article as NFT
Join us on social networks
The Bitcoin price is currently just 3% away from its all-time high (ATH) of $73,750. However, if it continues its current bullish momentum and posts a new ATH above $74,300, it would trigger the liquidation of nearly $1.45 billion in short positions.
Source: CoinGlass
According to data from CoinGlass, the number of long-leveraged positions is considerably higher than that of short-leveraged positions.
Shorting Bitcoin
BTC
tickers down
$70,017
involves borrowing BTC and selling it, expecting the price to decline. The trader aims to buy back the Bitcoin at a lower price, repay the loan and profit from the price difference.
In addition to the potential future price movements and their effect on short sellers, the price momentum over the past 24 hours has caused the liquidation of nearly $328 million in leveraged positions. Of this total, $64 million were long positions, while $264 million were short positions.
Advertisement
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Bitcoin has followed a sideways price action, trading in the $60,000 to $65,000 range for nearly a month since the block subsidy halving in April.
probably something btc sushi 💭🍣
#btc #writetoearn #btcprice $BTC $
$
BTC
$70,017
ETH
$3,796
USDT
$0.9996
BNB
$616
SOL
$178
XRP
$0.54
USDC
$1.00
ADA
$0.501
AVAX
$40.69
TRX
$0.124
DOGE
$0.17
LINK
$16.71
DOT
$7.58
MATIC
$0.74
ICP
$13.56
SHIB
$0.00
DAI
$1.00
BCH
$518
LTC
$89.02
UNI
$9.52
ETC
$31.90
ATOM
$8.85
HBAR
$0.12
FIL
$6.23
Ad
Prashant Jha
PRASHANT JHA
5 HOURS AGO
Bitcoin shorts worth $1.4B at risk of liquidation if BTC price hits $74.3K
The recent bullish price momentum is attributed to several factors, including increasing investor confidence, decreasing exchange supply and inflows into spot BTC ETFs.
4846
42
2:34
Bitcoin shorts worth $1.4B at risk of liquidation if BTC price hits $74.3KNEWS
Own this piece of crypto history
Collect this article as NFT
Join us on social networks
The Bitcoin price is currently just 3% away from its all-time high (ATH) of $73,750. However, if it continues its current bullish momentum and posts a new ATH above $74,300, it would trigger the liquidation of nearly $1.45 billion in short positions.
Source: CoinGlass
According to data from CoinGlass, the number of long-leveraged positions is considerably higher than that of short-leveraged positions.
Shorting Bitcoin
BTC
tickers down
$70,017
involves borrowing BTC and selling it, expecting the price to decline. The trader aims to buy back the Bitcoin at a lower price, repay the loan and profit from the price difference.
In addition to the potential future price movements and their effect on short sellers, the price momentum over the past 24 hours has caused the liquidation of nearly $328 million in leveraged positions. Of this total, $64 million were long positions, while $264 million were short positions.
Advertisement
Trade smart with Markets Pro instant alerts. Claim your 65% discount now!
Ad
Bitcoin has followed a sideways price action, trading in the $60,000 to $65,000 range for nearly a month since the block subsidy halving in April.
_$BTC Price Alert_
*Market Update*
$BTC is running on fumes, and its current momentum is expected to fade soon. Analysts predict a significant downturn, potentially dropping to $50k or lower.
*Remember*
Market predictions are subject to change and shouldn't be taken as investment advice. Always do your own research and consult reliable sources before making trading decisions.
*Stay Informed*
#cryptomarket #btcprice #tradingreminder #binancesquare
*Market Update*
$BTC is running on fumes, and its current momentum is expected to fade soon. Analysts predict a significant downturn, potentially dropping to $50k or lower.
*Remember*
Market predictions are subject to change and shouldn't be taken as investment advice. Always do your own research and consult reliable sources before making trading decisions.
*Stay Informed*
#cryptomarket #btcprice #tradingreminder #binancesquare
$BTC signal
**BTC/USDT Price Update:**
At 7:24 AM, BTC/USDT is trading at **$62,949.98**, reflecting a slight gain of **+0.13%** in the last hour. Here's a quick breakdown:
- **24h High**: $63,559.90
- **24h Low**: $62,758.00
- **24h Volume**: 8,317.79 BTC
- **USDT Volume**: 525.14M
### Recent Trend:
The 1-hour candlestick chart shows a bearish move, with the price hitting a low of **$62,830.01** before bouncing back slightly. Over the last **30 days**, BTC has managed a **3.62%** gain, although it's down **-11.16%** in the last **180 days**.
### Market Sentiment:
- **15.71%** of the market is placing bids, while a dominant **84.29%** is looking to sell.
Despite the current dip, BTC has shown a remarkable **136.71%** growth over the past year, hinting at a long-term bullish trend. Keep an eye on key support levels and resistance zones!
#BTC☀ #Write2Earn! #btcprice #Crypto
#Binance
**BTC/USDT Price Update:**
At 7:24 AM, BTC/USDT is trading at **$62,949.98**, reflecting a slight gain of **+0.13%** in the last hour. Here's a quick breakdown:
- **24h High**: $63,559.90
- **24h Low**: $62,758.00
- **24h Volume**: 8,317.79 BTC
- **USDT Volume**: 525.14M
### Recent Trend:
The 1-hour candlestick chart shows a bearish move, with the price hitting a low of **$62,830.01** before bouncing back slightly. Over the last **30 days**, BTC has managed a **3.62%** gain, although it's down **-11.16%** in the last **180 days**.
### Market Sentiment:
- **15.71%** of the market is placing bids, while a dominant **84.29%** is looking to sell.
Despite the current dip, BTC has shown a remarkable **136.71%** growth over the past year, hinting at a long-term bullish trend. Keep an eye on key support levels and resistance zones!
#BTC☀ #Write2Earn! #btcprice #Crypto
#Binance