#Bitcoin reacted with a decline, losing the gains observed since the beginning of the day, and long positions in #BTC were liquidated for more than $10 million.
If you want to learn more about how and why the key interest rate affects digital gold, leave a π₯ under the post, and we will prepare a special report for you.
#CryptoNews
Please open Telegram to view this post
VIEW IN TELEGRAM
#Analytics
πͺ Experts believe that #Bitcoin is in its longest consolidation period and predict an explosive growth once it breaks out of this range
In previous cycles, consolidation periods were shorter but still led to all-time highs in the value of #BTCπ
In previous cycles, consolidation periods were shorter but still led to all-time highs in the value of #BTC
Please open Telegram to view this post
VIEW IN TELEGRAM
#Analytics
πͺ Experts from Bernstein have raised the expected target price for #BTC to $200,000
Analysts expect this price by the end of next year.
#CryptoNews
Analysts expect this price by the end of next year.
#CryptoNews
Please open Telegram to view this post
VIEW IN TELEGRAM
Following Bitcoin, altcoins from the top 100 by market capitalization also went down. Meanwhile, the total volume of long liquidations over the past day has exceeded 400 million dollars.
#CryptoNews
Please open Telegram to view this post
VIEW IN TELEGRAM
Do you agree with this, and do you see any other reasons for the recent drop in the price of digital gold?
Please open Telegram to view this post
VIEW IN TELEGRAM
#Analytics
πͺ Experts from #CryptoQuant state that if $65,800 is breached, the price of #BTC could drop to $60,000
π β Bitcoin is doomed
π β Iβll buy more for cheap
Please open Telegram to view this post
VIEW IN TELEGRAM
The falling price of #BTC is forcing more panic-prone market participants to sell, which could lead to a price below $60,000 per coin
#CryptoNews
Please open Telegram to view this post
VIEW IN TELEGRAM
Please open Telegram to view this post
VIEW IN TELEGRAM
The 58970 zone is a strong support level for buyers.
Buy #BTC/#USDT in the range of 58000 - 61000.
Targets: Close 80% of the position at 64700 - 66100. Set a stop order at breakeven for the remaining 20%, aiming for a breakout of the ATH at 73946.
this is not a trading recommendation
Please open Telegram to view this post
VIEW IN TELEGRAM
The index can range from 0 (maximum fear) to 100 (maximum greed) and reflects market sentiment. A low value signals oversold conditions, while a high value warns of a possible correction.
Amid the drop in #BTC to $59,000, the index has entered the fear zone for the first time since last September. In the past 24 hours, around $300 million worth of Bitcoin long positions have been liquidated.
Now, we await the liquidation of short positions
#CryptoNews
Please open Telegram to view this post
VIEW IN TELEGRAM