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BitcoinByZeusInCrypto
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Bullish
‼️Quick $BTC Update ‼️ We hit straight $89,000 each #Bitcoin without a break, i knew eventually it will happen, If we hit $90,000 we may hit $95,000 too. Market just plays with you, we saw massive short liquidations over $80,000 & $85,000 as we witnessed some psychological play by whales and guys pumping it hard, it pretty easy to understand when you have been in this market for over a decade now, Above $90,000 will be trap zone, it could be $99,000 and it could be $103,000 zone, just giving an example, your analysis won’t work, and honestly falling for analysis in current market is such a childish thing when market acts something very different, I will suggest you to put SLs on winning positions, partial book your positions, play safe so whatever happens don’t jump in, keep your margin ratios les than 2% in any case, Stay safe and keep your eyes, And off course i will accumulate on my every spot portfolio on every dip, not selling anything in 2024, #dyor #ZeusInCrypto #BitcoinByZeusInCrypto
‼️Quick $BTC Update ‼️

We hit straight $89,000 each #Bitcoin without a break, i knew eventually it will happen,
If we hit $90,000 we may hit $95,000 too.
Market just plays with you, we saw massive short liquidations over $80,000 & $85,000 as we witnessed some psychological play by whales and guys pumping it hard, it pretty easy to understand when you have been in this market for over a decade now,
Above $90,000 will be trap zone, it could be $99,000 and it could be $103,000 zone, just giving an example, your analysis won’t work, and honestly falling for analysis in current market is such a childish thing when market acts something very different,
I will suggest you to put SLs on winning positions, partial book your positions, play safe so whatever happens don’t jump in, keep your margin ratios les than 2% in any case,
Stay safe and keep your eyes,
And off course i will accumulate on my every spot portfolio on every dip, not selling anything in 2024, #dyor
#ZeusInCrypto #BitcoinByZeusInCrypto
crypto whitelion:
Eliminate all and buy Pepe and doge for long
‼️ Stay Alert Stay Away‼️ I recently checked few coins and they were moved to monitoring zone on Binance for example #UNFI Stay away from such coin, with limited supply and current tag, any pump group can use them to pump or dump hard, that could in any case lead to de listing or something that can cause trouble for community. When planning longterm, Always go for safe investments #NFA $BTC #ZeusInCrypto #BitcoinByZeusInCrypto
‼️ Stay Alert Stay Away‼️
I recently checked few coins and they were moved to monitoring zone on Binance for example #UNFI
Stay away from such coin, with limited supply and current tag, any pump group can use them to pump or dump hard, that could in any case lead to de listing or something that can cause trouble for community. When planning longterm, Always go for safe investments #NFA $BTC
#ZeusInCrypto #BitcoinByZeusInCrypto
🤑𝙂𝙀𝙏 𝙁𝙍𝙀𝙀 𝙍𝙀𝙒𝘼𝙍𝘿 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 𝘼𝙉𝘿 𝙋𝙀𝙋𝙀 𝘾𝙊𝙄𝙉𝙎 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 𝙋𝙊𝙎𝙏𝙎💰🤑💸 ‼️ Listen Guys ‼️ For Spot holders Mostly guys with little less knowledge or new to this field chose spot holding because of less risk, well you guys have 100% less risk, you can hold until you wish, You are already down, if you close your trades and sell off, you will end up regretting, Just remember, the ones who bought #BTC at $68500 4years ago, eventually ended up selling at $70,000. Their patience paid off. Just number of days and everything will be fine, For Future holders Well you signed up for this, so it means you have nerve to go through this short term pain, You only close trades when you knows pull backs to jump in again to make more. So if you don’t know or reversal isn’t confirmed yet, hold on. I am bullish on you. 🤝💸💸 #BitcoinByZeusInCrypto  #ZeusInCrypto
🤑𝙂𝙀𝙏 𝙁𝙍𝙀𝙀 𝙍𝙀𝙒𝘼𝙍𝘿 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 𝘼𝙉𝘿 𝙋𝙀𝙋𝙀 𝘾𝙊𝙄𝙉𝙎 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 𝙋𝙊𝙎𝙏𝙎💰🤑💸

‼️ Listen Guys ‼️

For Spot holders

Mostly guys with little less knowledge or new to this field chose spot holding because of less risk, well you guys have 100% less risk, you can hold until you wish,
You are already down, if you close your trades and sell off, you will end up regretting,
Just remember, the ones who bought #BTC at $68500 4years ago, eventually ended up selling at $70,000. Their patience paid off. Just number of days and everything will be fine,

For Future holders

Well you signed up for this, so it means you have nerve to go through this short term pain,
You only close trades when you knows pull backs to jump in again to make more. So if you don’t know or reversal isn’t confirmed yet, hold on.
I am bullish on you. 🤝💸💸
#BitcoinByZeusInCrypto  #ZeusInCrypto
‼️Quick Overview ‼️Unavailability Market is bleeding at the moment but mainly altcoins ara losing tempo, You can not point it towards any irregular activity, I am still with my #BTC & altcoins point of view, My position on copy trading is still safe, This is just another shakeout to build fear in you, Before every major move we witnessed this type of dumps, I am still bullish and this will last for 2025, If you can’t hold you won’t get rich, Doesn’t matter you lost 99% of your portfolio. Put 1% in right altcoin and you will get back everything guaranteed, yes thats bullrun, 🐂 Its EID occasion so i will be unavailable for sometime, as i am going to a place where internet access is bit slow, Do not panic, hold your spot/future too. #ZeusInCrypto #BitcoinByZeusInCrypto
‼️Quick Overview ‼️Unavailability
Market is bleeding at the moment but mainly altcoins ara losing tempo,
You can not point it towards any irregular activity,
I am still with my #BTC & altcoins point of view,
My position on copy trading is still safe,
This is just another shakeout to build fear in you,
Before every major move we witnessed this type of dumps,
I am still bullish and this will last for 2025,
If you can’t hold you won’t get rich,
Doesn’t matter you lost 99% of your portfolio. Put 1% in right altcoin and you will get back everything guaranteed, yes thats bullrun, 🐂
Its EID occasion so i will be unavailable for sometime, as i am going to a place where internet access is bit slow,
Do not panic, hold your spot/future too.
#ZeusInCrypto #BitcoinByZeusInCrypto
🤑𝙂𝙀𝙏 𝙁𝙍𝙀𝙀 𝙍𝙀𝙒𝘼𝙍𝘿 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 𝘼𝙉𝘿 𝙋𝙀𝙋𝙀 𝘾𝙊𝙄𝙉𝙎 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 𝙋𝙊𝙎𝙏𝙎💰🤑💸 ‼️ Listen Guys ‼️ For Spot holders Mostly guys with little less knowledge or new to this field chose spot holding because of less risk, well you guys have 100% less risk, you can hold until you wish, You are already down, if you close your trades and sell off, you will end up regretting, Just remember, the ones who bought #BTC at $68500 4years ago, eventually ended up selling at $70,000. Their patience paid off. Just number of days and everything will be fine, For Future holders Well you signed up for this, so it means you have nerve to go through this short term pain, You only close trades when you knows pull backs to jump in again to make more. So if you don’t know or reversal isn’t confirmed yet, hold on. I am bullish on you. 🤝💸💸 #BitcoinByZeusInCrypto  #ZeusInCrypto
🤑𝙂𝙀𝙏 𝙁𝙍𝙀𝙀 𝙍𝙀𝙒𝘼𝙍𝘿 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 𝘼𝙉𝘿 𝙋𝙀𝙋𝙀 𝘾𝙊𝙄𝙉𝙎 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 𝙋𝙊𝙎𝙏𝙎💰🤑💸

‼️ Listen Guys ‼️

For Spot holders

Mostly guys with little less knowledge or new to this field chose spot holding because of less risk, well you guys have 100% less risk, you can hold until you wish,
You are already down, if you close your trades and sell off, you will end up regretting,
Just remember, the ones who bought #BTC at $68500 4years ago, eventually ended up selling at $70,000. Their patience paid off. Just number of days and everything will be fine,

For Future holders

Well you signed up for this, so it means you have nerve to go through this short term pain,
You only close trades when you knows pull backs to jump in again to make more. So if you don’t know or reversal isn’t confirmed yet, hold on.
I am bullish on you. 🤝💸💸
#BitcoinByZeusInCrypto  #ZeusInCrypto
LIVE
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Bullish
🚀📈 Exciting #BTC Update! 📈🚀 Bitcoin just dipped to a key support level on the hourly chart, sparking some alarm. But hold tight! Fresh capital is pouring in, with millions poised to enter the market. Minted coins are already on major exchanges, hinting at imminent buying activity. This signals a bullish shopping spree ahead! Keep your positions steady, resist panic selling. Anticipate a significant surge to the $78,000 to $85,000 range before a potential short-term correction. Remember, thorough research is key! #BitcoinByZeusInCrypto $BTC
🚀📈 Exciting #BTC Update! 📈🚀
Bitcoin just dipped to a key support level on the hourly chart, sparking some alarm. But hold tight! Fresh capital is pouring in, with millions poised to enter the market. Minted coins are already on major exchanges, hinting at imminent buying activity. This signals a bullish shopping spree ahead! Keep your positions steady, resist panic selling. Anticipate a significant surge to the $78,000 to $85,000 range before a potential short-term correction. Remember, thorough research is key! #BitcoinByZeusInCrypto $BTC
BTC Analysis Still looking good and in accumulation zone, If BTC breaks down to $60,000 area, will cause some serious mess, on the other hand, i will wait for confirmation if it hits $69,500. I will open long with 15x with aiming to hit $75,000. Below $60,000 i will analyze each level, to look when to jump. At the moment i am longing NEAR BCH NTRN RUNE I got stuck and i will hold until i see good green candles, or i will keep my positions on dca, Even we will go bullish, ‼️Not Shorting ‼️ #dyor #BitcoinByZeusInCrypto
BTC Analysis

Still looking good and in accumulation zone,
If BTC breaks down to $60,000 area, will cause some serious mess, on the other hand, i will wait for confirmation if it hits $69,500. I will open long with 15x with aiming to hit $75,000.
Below $60,000 i will analyze each level, to look when to jump.
At the moment i am longing
NEAR
BCH
NTRN
RUNE
I got stuck and i will hold until i see good green candles, or i will keep my positions on dca,
Even we will go bullish,
‼️Not Shorting ‼️ #dyor #BitcoinByZeusInCrypto
‼️Quick Market Overview ‼️ #BTC holding strong, which indicates bullish momentum Historically, we will see a pump before dump, Thats why i am still open with my long positions, manage your positions, Make sure you are having SLs at your winning trades, I am expecting a strong possibility pf hitting $80,000, fair indications. dyor #ZeusInCrypto #BitcoinByZeusInCrypto
‼️Quick Market Overview ‼️

#BTC holding strong, which indicates bullish momentum
Historically, we will see a pump before dump,
Thats why i am still open with my long positions, manage your positions,
Make sure you are having SLs at your winning trades,
I am expecting a strong possibility pf hitting $80,000, fair indications. dyor
#ZeusInCrypto #BitcoinByZeusInCrypto
🚀 Attention Crypto Community! 🚀 Unprecedented market movements have left many reeling, with accounts experiencing significant liquidations totaling over $3 Million. Whether fueled by war news or the absence of Arab traders during Eid, the recent dump has caught many off guard. Yet, in times of turmoil, we stand together. As a community, we understand that both profits and losses are part of the game. But fear not, for we are resilient. While the festive holidays may have kept us momentarily away, we're committed to finding solutions and recovering losses for our members. Amidst the chaos, remember: we're in this for the long haul. Our bullish narrative remains unwavering, and we're holding onto our spot positions with confidence. Revenge trading isn't our style – we're here for strategic gains and long-term growth. Join us as we navigate these turbulent waters together. Keep the faith, stay strong, and let's emerge stronger than ever before! 🌟 #BitcoinHalving #ZeusInCrypto #BitcoinByZeusInCrypto
🚀 Attention Crypto Community! 🚀

Unprecedented market movements have left many reeling, with accounts experiencing significant liquidations totaling over $3 Million. Whether fueled by war news or the absence of Arab traders during Eid, the recent dump has caught many off guard. Yet, in times of turmoil, we stand together.

As a community, we understand that both profits and losses are part of the game. But fear not, for we are resilient. While the festive holidays may have kept us momentarily away, we're committed to finding solutions and recovering losses for our members.

Amidst the chaos, remember: we're in this for the long haul. Our bullish narrative remains unwavering, and we're holding onto our spot positions with confidence. Revenge trading isn't our style – we're here for strategic gains and long-term growth.

Join us as we navigate these turbulent waters together. Keep the faith, stay strong, and let's emerge stronger than ever before!

🌟 #BitcoinHalving #ZeusInCrypto #BitcoinByZeusInCrypto
‼️ Keep Pushing Forward! ‼️ Making money every day isn't realistic – it's about learning and holding through the ups and downs. Success isn't handed to you on a silver platter; it's about cultivating the mindset to navigate the challenges of the market. Managing your emotions is crucial in this game. Mental stress can be just as taxing as physical labor, but those who persevere through the tough times are the ones who come out on top. If you've made it this far, you've already proven your resilience. Hold on a little longer – the rewards are on the horizon. Remember, Bitcoin's historical patterns show that pump and dumps are part of the journey. So, instead of worrying, stay focused on the bigger picture. If you ever need support, I'm here for you. Drop a comment, and let's navigate this journey together. #DYOR #ZeusInCrypto #BitcoinByZeusInCrypto
‼️ Keep Pushing Forward! ‼️

Making money every day isn't realistic – it's about learning and holding through the ups and downs. Success isn't handed to you on a silver platter; it's about cultivating the mindset to navigate the challenges of the market.

Managing your emotions is crucial in this game. Mental stress can be just as taxing as physical labor, but those who persevere through the tough times are the ones who come out on top.

If you've made it this far, you've already proven your resilience. Hold on a little longer – the rewards are on the horizon.

Remember, Bitcoin's historical patterns show that pump and dumps are part of the journey. So, instead of worrying, stay focused on the bigger picture.

If you ever need support, I'm here for you. Drop a comment, and let's navigate this journey together. #DYOR #ZeusInCrypto #BitcoinByZeusInCrypto
Sure, here's a paraphrased version: "The bullish trend is gaining momentum, emphasizing the importance of strategic investing. While it's crucial to hold onto promising assets, it doesn't mean holding indefinitely. Instead, holding onto the right coins until achieving desired outcomes is key, as demonstrated by utility coins. Considering a long-term perspective, selling before 2025 isn't advised, especially for those with spot portfolios. Day and swing trades are part of a diversified approach, with day trades incorporating stop losses for risk management. Understanding the dynamics of investments is essential for success. #dyor #altcoins #ZeusInCrypto #BitcoinByZeusInCrypto $BTC #BitcoinETFs
Sure, here's a paraphrased version:

"The bullish trend is gaining momentum, emphasizing the importance of strategic investing. While it's crucial to hold onto promising assets, it doesn't mean holding indefinitely. Instead, holding onto the right coins until achieving desired outcomes is key, as demonstrated by utility coins. Considering a long-term perspective, selling before 2025 isn't advised, especially for those with spot portfolios. Day and swing trades are part of a diversified approach, with day trades incorporating stop losses for risk management. Understanding the dynamics of investments is essential for success. #dyor #altcoins #ZeusInCrypto #BitcoinByZeusInCrypto $BTC #BitcoinETFs
‼️ Listen Guys ‼️ For Spot holders Mostly guys with little less knowledge or new to this field chose spot holding because of less risk, well you guys have 100% less risk, you can hold until you wish, You are already down, if you close your trades and sell off, you will end up regretting, Just remember, the ones who bought #BTC at $68500 4years ago, eventually ended up selling at $70,000. Their patience paid off. Just number of days and everything will be fine, For Future holders Well you signed up for this, so it means you have nerve to go through this short term pain, You only close trades when you knows pull backs to jump in again to make more. So if you don’t know or reversal isn’t confirmed yet, hold on. I am bullish on you. 🤝💸💸 #BitcoinByZeusInCrypto #ZeusInCrypto
‼️ Listen Guys ‼️

For Spot holders

Mostly guys with little less knowledge or new to this field chose spot holding because of less risk, well you guys have 100% less risk, you can hold until you wish,

You are already down, if you close your trades and sell off, you will end up regretting,
Just remember, the ones who bought #BTC at $68500 4years ago, eventually ended up selling at $70,000. Their patience paid off. Just number of days and everything will be fine,

For Future holders

Well you signed up for this, so it means you have nerve to go through this short term pain,

You only close trades when you knows pull backs to jump in again to make more. So if you don’t know or reversal isn’t confirmed yet, hold on.

I am bullish on you. 🤝💸💸

#BitcoinByZeusInCrypto #ZeusInCrypto
‼️ Bulls are coming 🐂 ‼️ Its never too late to buy, Bulls will strike hard this time, You cannot win until you learn to hold, that doesn’t mean you holding for year now and expecting nothing to come next, You hold the right coin until you get what you want. Every single utility coin proved that, I am not recommend selling before 2025, no matter how big or how many times it goes up and goes down, Reason is, i have spot portfolio for longterm, i am not using it for day trading, so no pain to check again and again. My future portfolio is consist of day trades+ swing trades, day trades are always with SLs, and swing trades are short term mostly. You really need understanding about how your investment works. #dyor #altcoins #ZeusInCrypto #BitcoinByZeusInCrypto $BTC
‼️ Bulls are coming 🐂 ‼️
Its never too late to buy, Bulls will strike hard this time,
You cannot win until you learn to hold, that doesn’t mean you holding for year now and expecting nothing to come next,
You hold the right coin until you get what you want. Every single utility coin proved that,
I am not recommend selling before 2025, no matter how big or how many times it goes up and goes down,
Reason is, i have spot portfolio for longterm, i am not using it for day trading, so no pain to check again and again.
My future portfolio is consist of day trades+ swing trades, day trades are always with SLs, and swing trades are short term mostly.
You really need understanding about how your investment works. #dyor
#altcoins #ZeusInCrypto #BitcoinByZeusInCrypto $BTC
🚀📈 Exciting #BTC Update! 📈🚀 Bitcoin just dipped to a key support level on the hourly chart, sparking some alarm. But hold tight! Fresh capital is pouring in, with millions poised to enter the market. Minted coins are already on major exchanges, hinting at imminent buying activity. This signals a bullish shopping spree ahead! Keep your positions steady, resist panic selling. Anticipate a significant surge to the $78,000 to $85,000 range before a potential short-term correction. Remember, thorough research is key! #BitcoinByZeusInCrypto 🌟
🚀📈 Exciting #BTC Update! 📈🚀
Bitcoin just dipped to a key support level on the hourly chart, sparking some alarm. But hold tight! Fresh capital is pouring in, with millions poised to enter the market. Minted coins are already on major exchanges, hinting at imminent buying activity. This signals a bullish shopping spree ahead! Keep your positions steady, resist panic selling. Anticipate a significant surge to the $78,000 to $85,000 range before a potential short-term correction. Remember, thorough research is key! #BitcoinByZeusInCrypto 🌟
This post can change your life by 2025, Search for low cap utility coins, Trending chains, Trending technologies like AI If you buy something at $10Million Cap that will lead you to 30X-100X returns in this bull run. #BTC gonna bring fire 🔥 into real altcoins. I am still sticking to coins I suggested over the period, Like INJ ORDI #RNDR ICP and many more, coins like #APT ATOM has hell of potential too, Keep your eyes on APE 🦍 too, You have to take a decision to jump in, Remember One Thing, “there is no perfect entry, either you win or you regret”. #ZeusInCrypto #BitcoinByZeusInCrypto
This post can change your life by 2025,
Search for low cap utility coins,
Trending chains,
Trending technologies like AI
If you buy something at $10Million Cap that will lead you to 30X-100X returns in this bull run.
#BTC gonna bring fire 🔥 into real altcoins.
I am still sticking to coins I suggested over the period,
Like INJ ORDI #RNDR ICP and many more, coins like #APT ATOM has hell of potential too,
Keep your eyes on APE 🦍 too,
You have to take a decision to jump in,

Remember One Thing, “there is no perfect entry, either you win or you regret”.
#ZeusInCrypto #BitcoinByZeusInCrypto
"🚀 Bitcoin Alert! 🚀 Don't let the critics shake you! Hold tight and stay positive. The current sweet spot for accumulating Bitcoin is around $64,000. Just look at historical patterns—it's all about following that momentum. Stay tuned for updates on altcoins and altseason, it's going to be epic! #BitcoinByZeusInCrypto #ZeusInCrypto #DYOR"
"🚀 Bitcoin Alert! 🚀
Don't let the critics shake you! Hold tight and stay positive. The current sweet spot for accumulating Bitcoin is around $64,000. Just look at historical patterns—it's all about following that momentum. Stay tuned for updates on altcoins and altseason, it's going to be epic! #BitcoinByZeusInCrypto #ZeusInCrypto #DYOR"
This post can change your life by 2025, Search for low cap utility coins, Trending chains, Trending technologies like AI If you buy something at $10Million Cap that will lead you to 30X-100X returns in this bull run. #BTC gonna bring fire 🔥 into real altcoins. I am still sticking to coins I suggested over the period, Like INJ ORDI #RNDR ICP and many more, coins like #APT ATOM has hell of potential too, Keep your eyes on APE 🦍 too, You have to take a decision to jump in, Remember One Thing, “there is no perfect entry, either you win or you regret”. #BitcoinByZeusInCrypto #Memecoins
This post can change your life by 2025,

Search for low cap utility coins,

Trending chains,

Trending technologies like AI

If you buy something at $10Million Cap that will lead you to 30X-100X returns in this bull run.

#BTC gonna bring fire 🔥 into real altcoins.

I am still sticking to coins I suggested over the period,

Like INJ ORDI #RNDR ICP and many more, coins like #APT ATOM has hell of potential too,

Keep your eyes on APE 🦍 too,

You have to take a decision to jump in,

Remember One Thing, “there is no perfect entry, either you win or you regret”.

#BitcoinByZeusInCrypto #Memecoins
🚀 Attention Crypto Enthusiasts! 🚀 To all the spot holders out there, whether you're newbies or seasoned pros, holding your position means zero risk. Don't let short-term fluctuations shake your confidence. Remember, patience pays off – just like those who bought #BTC at $68,500 four years ago and sold at $70,000. Your perseverance will be rewarded! And for the future holders, you're in it for the long haul, showing your nerves of steel. Use pullbacks as opportunities to maximize your gains. If you're unsure or waiting for a confirmed reversal, don't panic – hold tight! I'm bullish on your potential. Let's ride this crypto wave together! 🤝💸💸 #BitcoinByZeusInCrypto #ZeusInCrypto
🚀 Attention Crypto Enthusiasts! 🚀

To all the spot holders out there, whether you're newbies or seasoned pros, holding your position means zero risk. Don't let short-term fluctuations shake your confidence. Remember, patience pays off – just like those who bought #BTC at $68,500 four years ago and sold at $70,000. Your perseverance will be rewarded!

And for the future holders, you're in it for the long haul, showing your nerves of steel. Use pullbacks as opportunities to maximize your gains. If you're unsure or waiting for a confirmed reversal, don't panic – hold tight!

I'm bullish on your potential. Let's ride this crypto wave together! 🤝💸💸 #BitcoinByZeusInCrypto #ZeusInCrypto
#Write2earn #BITCOIN ’S RECENT #DIP : MARKET DELEVERAGING AND #FUTURE PROSPECTS #BitcoinByZeusInCrypto $BTC Bitcoin's recent dip down to $61,000 has led to a clear-out of leveraged positions in the market, causing a notable drop in the overall value of futures contracts traded on major exchanges. Coinglass reports a plunge in futures contract value from $35.17 billion just last week to as low as $28.7 billion by April 18. Analysts link this downturn to a deleveraging event influenced by several factors, including escalating tensions in the Middle East and unexpectedly robust economic data from the United States. Last week, the Bitcoin futures market hit extreme levels, with funding rates for long positions soaring to 25% on an annualized basis. However, in the wake of market turbulence, these rates have now fallen to 8%. Alongside this, there's been a notable occurrence of Bitcoin liquidations, totaling nearly $1.8 billion in leveraged positions liquidated on April 12 and 13 alone. On April 17, liquidations amounted to almost $219 million, with the majority concentrated on OKX ($31 million) and Binance ($27 million). As the Bitcoin halving approaches, recent market volatility may have already eased some of the excessive leverage in the market, potentially mitigating the volatility typically associated with halving events. Despite Bitcoin's solid fundamentals, the absence of additional buyers and the heavy bias towards long leverage positions can amplify market downturns, particularly when triggered by a significant macro event.
#Write2earn #BITCOIN ’S RECENT #DIP : MARKET DELEVERAGING AND #FUTURE PROSPECTS #BitcoinByZeusInCrypto
$BTC

Bitcoin's recent dip down to $61,000 has led to a clear-out of leveraged positions in the market, causing a notable drop in the overall value of futures contracts traded on major exchanges. Coinglass reports a plunge in futures contract value from $35.17 billion just last week to as low as $28.7 billion by April 18.
Analysts link this downturn to a deleveraging event influenced by several factors, including escalating tensions in the Middle East and unexpectedly robust economic data from the United States. Last week, the Bitcoin futures market hit extreme levels, with funding rates for long positions soaring to 25% on an annualized basis. However, in the wake of market turbulence, these rates have now fallen to 8%.
Alongside this, there's been a notable occurrence of Bitcoin liquidations, totaling nearly $1.8 billion in leveraged positions liquidated on April 12 and 13 alone. On April 17, liquidations amounted to almost $219 million, with the majority concentrated on OKX ($31 million) and Binance ($27 million).
As the Bitcoin halving approaches, recent market volatility may have already eased some of the excessive leverage in the market, potentially mitigating the volatility typically associated with halving events. Despite Bitcoin's solid fundamentals, the absence of additional buyers and the heavy bias towards long leverage positions can amplify market downturns, particularly when triggered by a significant macro event.
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