Tag Archives: btc

Panic Sell? Bitcoin’s $86K Fall Wipes Out $1 Billion In Trades

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Bitcoin’s price fell to $86,099 on February 26th, wiping out almost $1.06 billion from crypto’s market cap and sending ripples across the industry. According to Coinglass tracking, around 230,000 positions have been liquidated for the day.  As a sign of bearish sentiment, the digital asset’s open interest has dipped to 5%, reflecting deleveraging among investors… Continue reading Panic Sell? Bitcoin’s $86K Fall Wipes Out $1 Billion In Trades→

$16 Billion In Possible Liquidations Suggests Where The Bitcoin Price Is Headed Next

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Crypto analyst Kevin Capital has provided insights into where the Bitcoin price may be headed next. The analyst alluded to the current liquidation data, revealing that there are currently $16 billion in possible liquidations from BTC’s current price to the $107,000 price level.  Liquidation Data Indicates A Bitcoin Price Recovery Is Imminent In an X… Continue reading $16 Billion In Possible Liquidations Suggests Where The Bitcoin Price Is Headed Next→

Crypto Market Sees Record Flash Crashes, What’s Going On?

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The crypto market has experienced an unprecedented surge in volatility, with established coins like Bitcoin and Ethereum facing extreme price swings. Since January, the frequency of flash crashes has risen sharply, erasing billions from the market. A crypto analyst has suggested that these flash crashes have been driven by several factors, providing a detailed insight… Continue reading Crypto Market Sees Record Flash Crashes, What’s Going On?→

Not Time To Buy Yet? Bitcoin Faces Pressure As Standard Chartered Predicts Further 10% Drop

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Earlier this morning, Bitcoin (BTC) hit a yearly low of $86,888 amid a broader market downturn. According to data from CoinGlass, the crypto market sell-off led to over $1.5 billion in liquidations in the past 24 hours, impacting 394,944 traders. More Downside For Bitcoin? After trading in the mid-$90,000 range for several weeks, BTC crashed… Continue reading Not Time To Buy Yet? Bitcoin Faces Pressure As Standard Chartered Predicts Further 10% Drop→

Bitcoin Price Takes a Hit—Is This Just the Beginning?

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Bitcoin price started a fresh decline below the $90,000 support. BTC must stay above the $86,000 zone to avoid more losses in the near term. Bitcoin started a fresh decline from the $95,500 zone. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a short-term triangle forming with resistance… Continue reading Bitcoin Price Takes a Hit—Is This Just the Beginning?→

Bitcoin’s Ongoing Dip: Here’s What Analysts Are Saying

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Bitcoin’s price has continued its decline, dropping below several key levels in recent days. As of now, Bitcoin is hovering just above $87,000, marking a weekly drop of around 7.7% and a 19.6% decline from its all-time high of over $109,000 recorded earlier this year. Amid this downturn, various market analysts have taken to social… Continue reading Bitcoin’s Ongoing Dip: Here’s What Analysts Are Saying→

Bitcoin Faces Internal and External Pressure—Is a Rally Still Possible?

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Bitcoin’s price has faced a dramatic downturn, falling below $90,000 and reaching as low as $87,000 levels today. This steep decline places the cryptocurrency further away from its January all-time high of over $109,000. The sharp sell-off comes amid both internal and external challenges, leaving investors uncertain about what lies ahead. While the market struggles… Continue reading Bitcoin Faces Internal and External Pressure—Is a Rally Still Possible?→

Bitcoin Headed For $72,000? These Metrics Could Hint So

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Bitcoin has seen a crash to the $87,000 level in the past day, but if on-chain data is to go by, the plunge could get much deeper. Bitcoin Has Lost An Important Support Level With The Crash In a new post on X, the on-chain analytics firm Glassnode has discussed about how some Bitcoin indicators… Continue reading Bitcoin Headed For $72,000? These Metrics Could Hint So→

Bitcoin Once Again Arrives At This Bear-Bull Boundary—Will A Break Happen?

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On-chain data shows a Bitcoin indicator is currently retesting a level that has historically acted as a boundary line between bearish and bullish momentum. Bitcoin Short-Term Holder SOPR Is Retesting 1.0 Right Now In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the BTC Spent Output… Continue reading Bitcoin Once Again Arrives At This Bear-Bull Boundary—Will A Break Happen?→

Ethereum Must Hold This Key Level To Keep Altseason Hopes Alive, Analyst Explains

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In an X post published today, crypto market analyst and commentator Ali Martinez highlighted a crucial Ethereum (ETH) price level that must hold to sustain hopes for an altseason. Martinez warned that losing this support could significantly derail any potential altcoin rally. Ethereum Must Defend Key Price Level  Ethereum, the second-largest digital asset by market… Continue reading Ethereum Must Hold This Key Level To Keep Altseason Hopes Alive, Analyst Explains→