The total value of wrecked short positions in the past hour alone is well above $260 million. Bitcoin’s price reversed its recent downtrend in the past hour or so, skyrocketing by roughly three grand […]
A popular analyst has flagged Bitcoin’s rebound last week as a bull trap and warned that a deeper correction could follow amid broader market weakness. Escalating conflict in the Middle East is weighing on […]
A popular analyst outlined the most significant support level that could prevent such a massive drop. And, BTC is currently below it. Although bitcoin has already dumped by over 50% from its all-time high […]
One of the key reasons could be the sharp reversal in Bitcoin ETF flows. It was less than a week ago when bitcoin was riding high, trading at a six-week peak at $76,000. It […]
The metric is down to 10 even though BTC is far from its February bottom. It has been roughly two months in which fear or even extreme fear has dominated the cryptocurrency markets, as […]
The total value of liquidated leveraged positions skyrocketed to $240 million in just 1 hour. After a relatively stable Saturday, in which BTC remained above $70,000, the asset’s price moves took a turn for […]
Bitcoin is still in recovery mode, but the pace has cooled as the price runs into a heavier resistance cluster in the low-to-mid $70,000s. The market has already bounced meaningfully from the February washout near […]
The past 24 hours saw the broader cryptocurrency market flatten. Bitcoin’s price seems to be trading in a narrowing range between $70,600 and $69,500, highlighting the ongoing consolidation after a period of heightened volatility. The […]
Some weaker participants are exiting the Bitcoin market while the more inert mass of holders remains passive, Adler Jr. observed in his latest analysis. There is a notable divergence in Bitcoin’s on-chain structure, where […]
Bitcoin is testing a historic floor zone tied to previous parabolic rallies. Bitcoin briefly climbed past $71,000 early Friday, as it slightly bounced back from earlier weakness. This comes as authorities worked to address […]
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