News Formal

Bitcoin dips to Bull Market Support Band, liquidates over $230 million in leveraged positions

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 35 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Bitcoin Nieuws

SEO,Cryptocurrencies,Technical Analysis

Bitcoin (BTC) price is trading with a bearish bias, recording a steady streak of lower highs as part of a vertical chop.

Bitcoin price crashes over 6% on Wednesday, slipping past pool of liquidity between $60,600 and $59,005. Over $230 million worth of crypto positions have been liquidated, comprising $189 million in longs and over $40 million in short positions. Volatility levels are high in BTC and crypto ahead of

meeting, which could turn markets. Bitcoin price is trading with a bearish bias, recording a steady streak of lower highs as part of a vertical chop. The dump comes ahead of the Federal Open Market Committee decision with markets recording surging volatility.

today at 20:00. Will be Important! I will report on the later today! Chill!!… https://t.co/8jOaxchJe3 pic.twitter.com/MujMCuDOO7 — Seth May 1, 2024 As reported in a previous article, only a candlestick close above $72,000 would suggest Bitcoin price is out of the woods. This would set the tone for a reclaiming of the $73,777 peak of March 14, with the potential to establish a new all-time high above it.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 14. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Deviation looms as BTC tests bull market support bandBitcoin (BTC) has shown the weak hand of bulls, with the sentiment spilling over into altcoins.
Bron: FXStreetNews - 🏆 14. / 72 Lees verder »

Chart Veteran Who Predicted Bitcoin’s 2018 Collapse Says the Bull Market May Be OverOmkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Bron: CoinDesk - 🏆 291. / 63 Lees verder »

Bitcoin bull market may return after $1.4T US liquidity spike — PredictionBitcoin and crypto bull market assistance may come from U.S. government liquidity decisions beginning next week, says Arthur Hayes.
Bron: Cointelegraph - 🏆 562. / 51 Lees verder »

Bitcoin (BTC) Bull Market Depends on This Major Factor: DetailsBitcoin's next bull market peak influenced by BTC halving cycle
Bron: Utoday_en - 🏆 295. / 63 Lees verder »

BTC price bounces at support that fueled 2023 bull marketBitcoin sees support from a familiar trendline during the latest BTC price relief bounce.
Bron: Cointelegraph - 🏆 562. / 51 Lees verder »