Bitcoin short liquidations may reach $1.28 billion if the price surpasses $81,818, a key level where many leveraged short positions are clustered. This could trigger a short squeeze, forcing traders to buy back Bitcoin, which would add strong upward pressure and possibly accelerate a price rally. However, if Bitcoin fails to sustain above this level, the short positions remain, and the expected squeeze may not occur, leading to market indecision. This event is closely watched as a potential signal of bullish momentum or resistance in the crypto market.
Crypto futures markets experienced $368 million in liquidations over 24 hours, predominantly affecting long positions with $345 million lost, signaling a sharp negative turn in market sentiment. Bitcoin and Ethereum were the hardest hit, with liquida...
Bitcoin recently fell below the $80,000 support level despite strong bullish signals from long-term holders, who have reached a 14-month high in unrealized profits. This level historically preceded major rallies, suggesting potential for upward movem...
Bitcoin's price briefly recovered to nearly $82,000 in early May but then fell below $80,000 due to profit-taking and weakening momentum. This decline was mirrored by sharp drops in major altcoins like Solana and Cardano. Institutional caution grew a...
Bitcoin dropped sharply to $77,614 following reports of potential US and Israeli military strikes against Iran, triggering a sell-off in risky assets including cryptocurrencies. This geopolitical tension caused over $40 billion in crypto market capit...
Bitcoin ETFs experienced a significant outflow of $1 billion in one week, ending a six-week streak of inflows. This drop is driven by investors rotating capital towards AI-related tech stocks like NVIDIA, Google, and Apple, alongside ongoing regulato...
