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Is Bitcoin's Recent Price Surge Due to ETF Excitement? 🏦 Bitcoin surged to its highest levels since April 2022, reaching $45,922, driven by renewed excitement over the potential approval of the first US spot Bitcoin exchange-traded fund (#ETF ). Traders anticipated this approval, with #BTC trading as if an ETF was imminent. While some selling occurred, it didn't significantly affect Bitcoin's price, which is expected to target $48,000 around the ETF decision. Surprisingly, despite Bitcoin's 8% gain in 2024, shorters betting against it saw minimal losses, with only $38 million in BTC shorts #liquidated . This suggests that earlier shorts were caught off guard, indicating potential volatility, especially around the $45,000 mark, as the perpetual market tries to catch up with the spot price. Cross-crypto short liquidations reached $62 million, further signifying the market's response to the ETF-related price movement. #Binance #crypto2024
Is Bitcoin's Recent Price Surge Due to ETF Excitement? 🏦

Bitcoin surged to its highest levels since April 2022, reaching $45,922, driven by renewed excitement over the potential approval of the first US spot Bitcoin exchange-traded fund (#ETF ).

Traders anticipated this approval, with #BTC trading as if an ETF was imminent. While some selling occurred, it didn't significantly affect Bitcoin's price, which is expected to target $48,000 around the ETF decision.

Surprisingly, despite Bitcoin's 8% gain in 2024, shorters betting against it saw minimal losses, with only $38 million in BTC shorts #liquidated .

This suggests that earlier shorts were caught off guard, indicating potential volatility, especially around the $45,000 mark, as the perpetual market tries to catch up with the spot price.

Cross-crypto short liquidations reached $62 million, further signifying the market's response to the ETF-related price movement.

#Binance
#crypto2024
Is Bitcoin’s Drop Tied to Economic Concerns and Regulatory Issues? 📉 Bitcoin's price recently surged by 6% but #dropped 4.5% on October 2 after failing to breach the $28,500 resistance, influenced by Ether futures ETFs' disappointing performance and economic concerns. This marks 47 days since Bitcoin closed above $28,000, resulting in $22 million in long leverage futures contracts being #liquidated . Investor sentiment is affected by the overheated US economy, with expectations of further Fed action due to strong labor market data. The launch of Ether #ETFs fell short of expectations, in contrast to the successful Bitcoin Strategy ETF launch in 2021. Regulatory pressure mounts as Binance faces a class-action lawsuit, and Bitcoin's correlation to traditional markets is stronger than anticipated, emphasizing the ongoing risks in the cryptocurrency space. #Binance #crypto2023
Is Bitcoin’s Drop Tied to Economic Concerns and Regulatory Issues? 📉

Bitcoin's price recently surged by 6% but #dropped 4.5% on October 2 after failing to breach the $28,500 resistance, influenced by Ether futures ETFs' disappointing performance and economic concerns.

This marks 47 days since Bitcoin closed above $28,000, resulting in $22 million in long leverage futures contracts being #liquidated . Investor sentiment is affected by the overheated US economy, with expectations of further Fed action due to strong labor market data.

The launch of Ether #ETFs fell short of expectations, in contrast to the successful Bitcoin Strategy ETF launch in 2021.

Regulatory pressure mounts as Binance faces a class-action lawsuit, and Bitcoin's correlation to traditional markets is stronger than anticipated, emphasizing the ongoing risks in the cryptocurrency space.

#Binance
#crypto2023
In the past 24 hours, $TRB soared to $600 and then plummeted to $137, causing $68M of assets to be #liquidated , making it the most liquidated token. We noticed that the #Tellor team deposited 4,211 #TRB ($2.4M) after the price of $TRB #skyrocketed
In the past 24 hours, $TRB soared to $600 and then plummeted to $137, causing $68M of assets to be #liquidated , making it the most liquidated token.

We noticed that the #Tellor team deposited 4,211 #TRB ($2.4M) after the price of $TRB #skyrocketed
As I have repeatedly emphasized before, $BTC is currently undergoing significant #fluctuations and a #downward trend. It is not advisable to operate using either a range-bound or a unilateral downward strategy. Therefore, maintaining a small position and trading in phases is essential to avoid being #liquidated .
As I have repeatedly emphasized before, $BTC is currently undergoing significant #fluctuations and a #downward trend. It is not advisable to operate using either a range-bound or a unilateral downward strategy. Therefore, maintaining a small position and trading in phases is essential to avoid being #liquidated .
Why Did Bitcoin's Price Drop on Dec. 11th? 📉 Bitcoin's price #fell below $41,000 on Dec. 11, dropping 6.5% in 20 minutes from $43,357. Ethereum also declined by 8.9%. This abrupt plunge caused $270 million in #liquidated positions and wiped out $1.2 billion in open interest. Despite growing 12% in 30 days, this was Bitcoin's largest single-day decline in a month. The surge this year, up 150%, was fueled by expectations of SEC-approved #Bitcoin ETFs and anticipated interest rate cuts by the Federal Reserve. Analysts await inflation data and the year's final FOMC meeting. #Binance #crypto2023
Why Did Bitcoin's Price Drop on Dec. 11th? 📉

Bitcoin's price #fell below $41,000 on Dec. 11, dropping 6.5% in 20 minutes from $43,357. Ethereum also declined by 8.9%.

This abrupt plunge caused $270 million in #liquidated positions and wiped out $1.2 billion in open interest.

Despite growing 12% in 30 days, this was Bitcoin's largest single-day decline in a month.

The surge this year, up 150%, was fueled by expectations of SEC-approved #Bitcoin ETFs and anticipated interest rate cuts by the Federal Reserve. Analysts await inflation data and the year's final FOMC meeting.

#Binance
#crypto2023
lost all my savings , it took me 2 years to save this amount . Im so lost right now. Well that's life.. i became greedy . all i want is a comfortable life. I am winning last month , I thought I will never lose. Goodbye crypto , see you again after a year, I'll save up again and I will never enter the futures again . #bitcoin #liquidated #IOprediction #lessonlearned
lost all my savings , it took me 2 years to save this amount . Im so lost right now. Well that's life.. i became greedy . all i want is a comfortable life. I am winning last month , I thought I will never lose. Goodbye crypto , see you again after a year, I'll save up again and I will never enter the futures again . #bitcoin #liquidated #IOprediction #lessonlearned
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💥💥 ATTENTION 💥💥 💥💥💥 EVERYONE 💥💥💥 Another $157mln #liquidated in the last 24h. Both Long and Short almost 50/50. Whatever you do, don't let them liquidate you. The market is extremely volatile, but if you avoid liquidation, your portfolio will likely grow over time. 🐑Or not, I don't know anything for sure, except that it's important to avoid the risk of liquidation.🐑 🍄It doesn't matter what you trade #BTC or #ETH or #Meme 🍄
💥💥 ATTENTION 💥💥
💥💥💥 EVERYONE 💥💥💥

Another $157mln #liquidated in the last 24h. Both Long and Short almost 50/50.

Whatever you do, don't let them liquidate you. The market is extremely volatile, but if you avoid liquidation, your portfolio will likely grow over time.

🐑Or not, I don't know anything for sure, except that it's important to avoid the risk of liquidation.🐑 🍄It doesn't matter what you trade #BTC or #ETH or #Meme 🍄
# JUST IN: $115,000,000 worth of Bitcoin shorts liquidated in the past 24 hours. #liquidated
# JUST IN: $115,000,000 worth of Bitcoin shorts liquidated in the past 24 hours.
#liquidated
In the past 24 hours, 47,227 traders were #liquidated ,the total #liquidations comes in at $112.78 million The largest single liquidation order happened on Huobi- $BTC value $2.50M
In the past 24 hours, 47,227 traders were #liquidated ,the total #liquidations comes in at $112.78 million
The largest single liquidation order happened on Huobi- $BTC value $2.50M
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In the past 24 hours , 106,294 traders were #liquidated , the total liquidations comes in at $329.40 millionThe largest single liquidation order happened on #Binance - #BTCUSDT value $12.74M
In the past 24 hours , 106,294 traders were #liquidated , the total liquidations comes in at $329.40 millionThe largest single liquidation order happened on #Binance - #BTCUSDT
value $12.74M
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A Bitcoin surge to $60,000 could trigger a massive short squeeze. If BTC were to rally that high, we could see a staggering $8 billion in liquidated short positions. This would not only fuel the rally but also attract more buyers to the market, potentially creating a self-fulfilling prophecy. #BTC #USDT #liquidated #BTC☀ $BTC
A Bitcoin surge to $60,000 could trigger a massive short squeeze. If BTC were to rally that high, we could see a staggering $8 billion in liquidated short positions. This would not only fuel the rally but also attract more buyers to the market, potentially creating a self-fulfilling prophecy.

#BTC #USDT #liquidated #BTC☀ $BTC
A teacher was telling me that one need to liquidate at least 3 accounts before they can become profitable trader. I am at 7th liquidation rn💀 maybe he meant 30 or something!! i got 27$ left in my acc rn and idk what tf do i do with it. #liquidated #ScrollOnBinance #unfi #BTC☀
A teacher was telling me that one need to liquidate at least 3 accounts before they can become profitable trader.
I am at 7th liquidation rn💀 maybe he meant 30 or something!!
i got 27$ left in my acc rn and idk what tf do i do with it.
#liquidated #ScrollOnBinance #unfi #BTC☀
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Crypto Market Sees $209M in Liquidations Over Past 24 Hours 💸 In the past 24 hours, the total liquidations in the cryptocurrency market reached $209 million. #Long positions accounted for $131 million, while short positions totaled $76.74 million. Bitcoin (BTC) saw liquidations amounting to $56.67 million, and Ethereum (ETH) experienced $47.61 million in liquidations. A total of 63,004 traders were #liquidated , with the largest single liquidation occurring on #HTX ’s BTC-USDT trading pair, valued at $5.3 million. If you enjoy my content, feel free to tip me ❤️ #Binance #crypto2024
Crypto Market Sees $209M in Liquidations Over Past 24 Hours 💸

In the past 24 hours, the total liquidations in the cryptocurrency market reached $209 million. #Long positions accounted for $131 million, while short positions totaled $76.74 million. Bitcoin (BTC) saw liquidations amounting to $56.67 million, and Ethereum (ETH) experienced $47.61 million in liquidations.

A total of 63,004 traders were #liquidated , with the largest single liquidation occurring on #HTX ’s BTC-USDT trading pair, valued at $5.3 million.

If you enjoy my content, feel free to tip me ❤️

#Binance
#crypto2024
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