In The Past 24 Hours, 1,82,959 Traders Were Liquidated. The Total Liquidations Come In At $638 Million.

In The Past 4 Hours Alone, $540 Million Was Liquidated From The Markets.

The Largest Liquidation Order Happened On Huobi $BTC - USDT Value $14.26 Million.

#LiquidationData #btcusdt #MarketPerformance #trader #MarketFluctuations

How Crypto Whales Today Manipulated the Market 🐳

Matrixport's recent report anticipates another rejection of Bitcoin Spot ETFs by the U.S. Securities and Exchange Commission (SEC), potentially leading to a 20% drop in Bitcoin prices, settling around $36k-$38k. The report challenges optimistic expectations within the crypto community, emphasizing potential consequences such as cascading liquidations in the $5.1 billion additional perpetual long Bitcoin futures. As the January 5, 2024, deadline nears without approval signals, Matrixport advises a defensive strategy, including hedging long exposure and considering outright short positions in Bitcoin through options. While many anticipate a Bitcoin ETF approval to boost prices, Matrixport's insights fuel discussions about a possible correction and increased regulatory scrutiny. The SEC's final decision holds significant importance, shaping Bitcoin's narrative in the coming days.

In addition to Matrixport's report, concerns have been raised about crypto whales manipulating the market dynamics by strategically executing liquidations. The suggested pattern involves initiating long positions and subsequently short positions, creating a cascading effect that amplifies market volatility. This strategic manipulation, particularly in the context of the $5.1 billion in perpetual long Bitcoin futures, adds an additional layer of complexity to the potential rejection of Bitcoin Spot ETFs. As the SEC's decision looms and the market navigates these dynamics, the aftermath remains uncertain, with the possibility of heightened volatility and its impact on Bitcoin's trajectory in the coming days.

🫂Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.

#BTCETFSPOT #BTC/Update

#Bitcoin    MACD Bullish Crossover is happening.🔥
On daily chart, MACD Bullish crossover (Golden Cross) indicates the increasing momentum of $BTC. These gave $BTC +30% & +22% in last two Golden crosses.
This signal suggests the incoming RALLY may reach $54k.

The annual Bitcoin chart is anticipated to conclude below $45,000, yet a surge above $50,000 is expected in the first quarter of 2024. Prior to this, Bitcoin's price must exhibit bullish momentum by surpassing the $44,000 resistance level.
#BTC $BTC

TRB is planning on getting to $1200 but it is strictly on this journey with no one on it's back.

Except you are buying spot, otherwise you are N enemy of TRB.

The players behind TRB have what it takes to do the impossible on this space. The recent flushing of longs and trapping of short trades is alarming.

⚠️ I would advise you wait for pullback if there is then buy Spot and accept that this coin is a lone ranger.

Follow me #SteveGoshenCrypto for more updates on Spot and futures trading Signals💯🔥

#BTC #dyor

#BTC   

In every Four Year Cycle, there is always a resistance that rejects price for 3 years (black)

But in a new Candle 4, this resistance is finally broken

In this Four Year Cycle that resistance is $46000

In 2024 (Candle 4), $BTC will break $46000 easily

#Crypto #Bitcoin   

BTC/USDT Update

BTC usdt is trying to breakout from 1 hour trendline resistance if btc breakout + Retest then it will pump to 43k, 43500,44200++ keep eys on this level.

@MarkhorAdmin

$BTC $ETH
#ai #Launchpool #ETH #etf #BTC

#Bitcoin    is on the way in the Halving Rally.
In every halving cycle, $BTC forms the bottoms before halving, has the rallies in a period during halving and reaches the tops after halving.
This is the structure of #Bitcoin    🚀