Tag Archives: BTCUSDT

$1 Billion Liquidated in 24 Hours as Bitcoin Drops Below $83,000

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The cryptocurrency market has experienced a sharp downturn, with Bitcoin’s price dropping below $83,000. This decline has led to a wave of liquidations totaling $1 billion over the past 24 hours, as leveraged traders faced significant losses amid the market correction. According to Coinglass, a total of 305,170 traders were liquidated during this period, reflecting… Continue reading $1 Billion Liquidated in 24 Hours as Bitcoin Drops Below $83,000→

Bitcoin’s Next Stop: $75,500? Analyst Reveals Historical ‘Magnet’ Level

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An analyst has pointed out how the 50-week moving average (MA) of Bitcoin has historically acted as a sort of magnet for the asset’s price. 50-Week MA Is Currently Situated At $75,500 For Bitcoin In a new MA” is a technical analysis indicator that calculates the average value of any asset’s price over a given… Continue reading Bitcoin’s Next Stop: $75,500? Analyst Reveals Historical ‘Magnet’ Level→

Future Of Bitcoin: Michael Saylor Envisions Market Cap Climbing To $200 Trillion

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In a recent interview with CNBC, Michael Saylor, co-founder of Strategy, reiterated his bullish outlook on Bitcoin (BTC), predicting the cryptocurrency could reach a staggering $200 trillion market cap.  Saylor Forecasts $10 Million Per Bitcoin Currently valued at about $2 trillion, Saylor believes Bitcoin’s trajectory will see it grow to $20 trillion and eventually hit… Continue reading Future Of Bitcoin: Michael Saylor Envisions Market Cap Climbing To $200 Trillion→

Inverse Head And Shoulders Breakout Suggests Bitcoin Price Is Headed To $300,000

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The Bitcoin price action is showing strong bullish signals, as a rare Inverse Head and Shoulder pattern has just broken out and retested its neckline. This technical setup suggests that Bitcoin could be gearing up for a mega rally to $300,000 soon. Analyst Forecasts Bitcoin Price Reversal On Monday, crypto analyst Gert van Lagen took… Continue reading Inverse Head And Shoulders Breakout Suggests Bitcoin Price Is Headed To $300,000→

Bitcoin Price Retreats—Key Support Levels in Focus After Reversal

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Bitcoin price started a fresh decline from the $95,000 resistance zone. BTC is back below $90,000 and might continue to move down. Bitcoin started a fresh decline from the $95,000 resistance zone. The price is trading below $92,000 and the 100 hourly Simple moving average. There was a break below a connecting bullish trend line… Continue reading Bitcoin Price Retreats—Key Support Levels in Focus After Reversal→

Bitcoin Repeats Historic Pattern—Is a Breakout Toward $100K Next?

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Bitcoin and the broader cryptocurrency market have shown strong recovery, with Bitcoin surpassing $93,000 earlier today after an increase of nearly 10% in the past 24 hours. The surge follows the announcement of a US crypto strategic reserve, which is expected to include major digital assets such as BTC, ETH, SOL, XRP, and ADA. The… Continue reading Bitcoin Repeats Historic Pattern—Is a Breakout Toward $100K Next?→

Bitcoin Sellers Incur Loss As SOPR Drops To 0.95 – A Sign Of Market Bottom?

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According to a recent Quicktake post by CryptoQuant analyst abramchart, short-term Bitcoin (BTC) investors are incurring losses, suggesting that the crypto market may have hit its bottom and a trend reversal could be on the horizon. Has Bitcoin Bottomed? Bitcoin experienced significant volatility over the past week, dropping from $96,000 on February 23 to $78,258… Continue reading Bitcoin Sellers Incur Loss As SOPR Drops To 0.95 – A Sign Of Market Bottom?→

This Bitcoin Range The Next Key Resistance, Analytics Firm Says

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The market intelligence platform IntoTheBlock has revealed where the next major obstacle for Bitcoin could lie, according to on-chain data. Bitcoin Has A Major Supply Wall Between $95,400 & $98,200 In a new post on X, IntoTheBlock has discussed about how the various BTC price ranges are looking in terms of on-chain resistance and support.… Continue reading This Bitcoin Range The Next Key Resistance, Analytics Firm Says→

Bitcoin Open Interest Crashed To 6-Month Low, Here’s What Followed The Last Time

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Crypto analyst CrediBULL Crypto has revealed that Bitcoin’s open interest has crashed to a six-month low. The analyst further explained what happened the last time this low open interest occurred while providing a bullish outlook for the flagship crypto.  Bitcoin’s Open Interest Crashes To 6-Month Low  In an X post, CrediBULL Crypto revealed that Bitcoin’s… Continue reading Bitcoin Open Interest Crashed To 6-Month Low, Here’s What Followed The Last Time→

Crypto Liquidations Near $1 Billion As Bitcoin & Altcoins Bounce Back

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Data shows the cryptocurrency market has witnessed massive liquidations during the past day following the recovery Bitcoin and the altcoins have made. Bitcoin & Altcoins Have Jumped Back Following Trump’s Announcement Bitcoin and the rest of the cryptocurrency sector ended February on a very bearish note, as the market went through a deep drawdown that… Continue reading Crypto Liquidations Near $1 Billion As Bitcoin & Altcoins Bounce Back→