#Kotai, we are creating an innovative financial ecosystem th | noobtips on Binance Square

Trending Articles

Bookmarked and Liked

--

#Kotai, we are creating an innovative financial ecosystem that connects businesses around the world, promoting financial inclusion and boosting the digital ... currency 
join now
https://kotaiproject.com/afiliado/abrahamgill13435

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

4

0

Replies 0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@kalicrypt

Explore More From Creator

The next 3 months are going to be absolutely INSANE for crypto. - Rate cuts are coming in 3 weeks. - The US elections are just 71 days away. - We could get a pro-crypto president in November. - CZ is coming back. - FTX is expected to redistribute $16B in cash to crypto-native degens sometime in Q4. - Rumors that China might unban crypto soon. - Russia is turning pro-crypto with international crypto payments. Keep Accumulating and Hold.

--

Bitcoin at ‘perfect’ macro setup, but dip below $58K risks $500M in liquidations Aug 13, 202417:57 GMT+5 BTCUSD −0.66% BTCUSDT −0.70% Bitcoin is at a “perfect” setup from a macroeconomic perspective, but over $500 million worth of looming liquidations threaten to create more volatility for the world’s first cryptocurrency. In relation to the global M2 money supply, Bitcoin’s BTCUSD current mid-cycle correction positions it for an imminent bullish breakout, according to Jamie Coutts, a chief crypto analyst at Real Vision. Coutts wrote in an Aug. 13 X post: “Over the past decade, Bitcoin has had a tendency to trough several months before the bottom in global M2. Then it rips, gets way ahead of the move in liquidity, and has a mid-cycle correction.” Cointelegraph The growing global liquidity from the M2 money supply, combined with the spot Bitcoin exchange-traded funds (ETFs), makes for the “perfect setup” for Bitcoin, added the analyst. The analysis comes as Bitcoin is recovering from last week’s $510 billion crypto market sell-off, which tanked its price to a five-month low of $49,500 on Aug. 5. Bitcoin still remains under the key $60,000 psychological mark. Nearly $500 million stands to be liquidated Despite the bullish macroeconomic perspective, Bitcoin price could still see a correction to the $55,000 mark. A potential move below $58,000 would liquidate $489 million worth of cumulative leveraged short positions across all exchanges, according to Coinglass data. Cointelegraph Cumulative short Bitcoin liquidations would surpass $800 million if Bitcoin’s price fell below $57,500. Can Bitcoin break its two-week downtrend? Bitcoin is currently unable to break out of its two-week downtrend, which started on July 28. A successful retest of this downside trend line would enable more bullish momentum, according to popular analyst Rekt Capital, who wrote in an Aug. 12 X post As time goes on, the downtrend represents lower prices, meaning that retest attempts could go to lower prices and still be successful.

--

Breaking new‼️ *Hazbollah has started launching missiles directly towards israel*

--

Give nothing take everything

--

uth ja bhai please $BTC $ETH $BNB

--

Latest News

Economic Model Of Anonymous MACI Protocol Explained

--

Solana Mobile Unveils Next-Generation Web3 Smartphone Solana Seeker

--

Dymension Launches 3D Playground Testnet for RollApp Deployment

--

ChatGPT Advanced Voice Mode Expected To Launch Soon

--

Parallel To Launch New Third-Person Shooter Game 'Tau Ceti' Next Year

--

Trending Articles

🇺🇲🔥Hours left until the historic FED decision: What you need to know

How to Participate in the Binance Button Game and Win 5 $BNB

Binance Launches Space-Themed Play-to-Earn Game ‘Moonbix’

Realistic Price Predictions for Dogs: Can You Still Achieve 100x Returns?

Portable Detective07

🔥Baby Doge Coin Price Soars 12% After Binance Listing, And This Might Be The Next Crypto To Explode

The Market Analyser

Cookie Preferences

ba-one-trust-cookie