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šØJUST IN: $310,000,000 liquidated from the cryptocurrency market in the past 12 hours
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2024-11-27 05:56:14
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#BTC/USDT ANALYSIS Bitcoin is currently facing rejection at the horizontal supply zone after rebounding from the support trendline of an ascending broadening wedge. The Ichimoku Cloud is providing support below the price action. Further price development is needed to confirm the next direction. $BTC
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š°š“ #LIQUIDATION NEWS š„693.93 million!!! Liquidated from the cryptocurrency market in the past 24 hours!!! š„In the past 24 hours, 225,747 traders were liquidated!! (86% of recently daily trading participants). š„The largest single liquidation order happened on Binance - #BTCUSDT value $4.67M. āāāāāāāāā ā Dear followers, protect your wealth. Trade safe, with a proper trading strategy and money management $BTC
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#BTC/USDT ANALYSIS Bitcoin continues to trade below the pivotal $100k level, signaling a struggle to reclaim this psychological barrier. The overall price action indicates a downward trend, but the 50MA is providing significant support, highlighting the presence of bullish strength beneath the surface. This support level serves as a key indicator of potential recovery, as buyers seem to be defending it actively. However, the broader trend remains uncertain, with Bitcoin needing to regain upward momentum to shift sentiment in its favor. $BTC
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#ALTS MARKET CAP ANALYSIS The ALTS market cap has broken above the horizontal supply zone and is currently undergoing a retest at this level. The Ichimoku Cloud below is offering strong support, signaling bullish momentum. A successful retest above the supply zone could ignite another bullish rally in the altcoin market. $BTC $ETH $SOL #altsesaon
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š„JUST IN: #Bitcoin exchange reserves have reached an all-time low, according to data from CryptoQuant š #EyesOnBTC $BTC
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