Already fixed bug blamed for "knee-jerk" trading reaction that caused BTC/USD to fall
So Tradingview had a glitch related to #BTC advantage that caused panic dumping? People are dumping money because of Tradingview? ' wrote popular trader Satoshi Flipper in part X of his reply.
According to the monitoring resource CoinGlass, about $33 million of long BTC positions have been liquidated in the four hours up to the time of writing. line_.
In recent weeks, bitcoin's dominance in the market has become an increasingly hot topic for traders as it struggles to keep up with #altcoins that have reached all-time highs.
After briefly surpassing 61.5% in mid-November, the market has turned around, and expectations for "altcoin season"
BTC's dominance has reached the 2021 breakout level and turned around, summarizes trading account Aqua in its latest X analysis. "The market is in a state of #flux right now, and the market is in a state of flux right now.
BTC dominance has peaked and I think #ALT will start to outperform $BTC in the coming months. Finally, ALT season is coming soon. Meanwhile, trader, analyst and entrepreneur Michael van de Poppe compared the potential of altcoins to the dot-com bubble of the early 2000s. There is nothing strange about expecting 20-50x growth by 2025.
market participants were generally confident in the short-term outlook, despite the volatility.
Among them was popular bitcoin and crypto investor Eljaboom, who called for the price of BTC to rise to
$BTC is ready for another rise, he told subscribers, attaching to his message IMO a printout of a two-week chart
!
Another Xoom account saw a bullish signal on the 1-day chart,
This chart showed a bullish candle right off the lows in a megaphone pattern, with rising volume. Such a move usually indicates an imminent breakout, says an accompanying post on X.
Read us at: Compass Investments
