Bitcoin derivatives traders who opened bullish positions as the cryptocurrency reached its record high, near $34,500, are now staring at massive losses. Data provided by ByBt.com shows that the BTC/USD market liquidated long contracts worth $1.17 billion as of 2130 EST Sunday. The stop-losses triggered as the Bitcoin price slumped back below $30,000 amid a…
Bitcoin price surged above $32,000 and traded to a new all-time high near $34,780 against the US Dollar. BTC is currently correcting lower and it might even test $31,500. Bitcoin is showing a lot of positive signs above the $30,000 and $31,500 levels. The price is correcting gains, but it remains well supported above $31,500…
Bitcoin price remained in a bullish zone and climbed above $30,000 against the US Dollar. BTC corrected lower after reaching a new all-time high, but it is likely to continue higher towards $34,000. Bitcoin is up 12% and it is trading well above the $30,000 resistance zone. The price is showing a lot of positive…
After peaking at $33,350 earlier today, Bitcoin plunged as low as $30,000 on leading exchanges just minutes ago. Yet in spite of this rapid sell-off, buyers have stepped in to buy the dip. BTC now trades for $31,300 and is up in excess of 7.5% in the past 24 hours. Altcoins, such as Ethereum, remain…
Bitcoin has seen some massive momentum throughout the past few days, with the cryptocurrency’s price rallying to new highs over $30,000 as its uptrend turns parabolic Where the cryptocurrency trends in the mid-term will undoubtedly depend on whether or not bulls can maintain full control of the crypto’s upswing or if it will post a…
Bitcoin has undergone a strong rally over recent weeks that has nearly brought it to $30,000. The leading cryptocurrency currently trades for $29,900, far above where it was just weeks ago. Analysts think that the main Bitcoin bull phase is here. This comes in spite of some concerns shared months ago that the cryptocurrency market…
Bitcoin is inching closer and closer to the coveted $30,000 region, with this long being a target looked upon by investors Because this level has psychological significance, there’s a strong possibility that it will hold as resistance and may be a difficult hurdle for bulls to overcome There is a strong possibility that a clean…
It’s no secret that Bitcoin’s recent parabolic rally has done little in the way of providing tailwinds for altcoins, with many seeing devastating losses against BTC as their growth stagnates. This isn’t unprecedented, as past bull runs have followed a similar path, with BTC leading the way and rallying independent of the rest of the…
Bitcoin faces the prospects of undergoing a massive downside correction as on-chain data shows a plunge in its over-the-counter deals. According to data fetched by CryptoQuant, the total amount of Bitcoin tokens flowing out of Coinbase Pro’s addresses to their newly-created custodial cold wallets has decreased ever since BTC/USD crossed above $23,000. Coinbase Pro Bitcoin…