Crypto liquidations hit $1B as traders were ‘unprepared for bad news’
A crypto analyst says we are yet to see the “Santa rally” the market has been hoping for after $1 billion was liquidated in the crypto markets in just 24 hours.This post was originally published on this site
Crypto ‘buy the dip’ moments to last longer this cycle: Hedge fund founder
Pullbacks in the crypto market will provide “buy the dip” scenarios lasting “much longer than everyone expects,” according to Syncracy Capital co-founder Daniel Cheung.This post was originally published on this site
Bitcoin shorters ‘are getting rekt’ after new $75K high
Almost $180 million in short positions in Bitcoin have been wiped as it hit an all-time high, with an analyst saying it is “meaningful” that it is driven by spot demand.This post was originally published on this site
Trump victory may give crypto a 'dopamine hit,' but traders should be cautious
Crypto analysts suggest a Trump victory could give the crypto market a “dopamine hit,” but with considerable volatility already priced in, traders should remain cautious.This post was originally published on this site
Bitcoin’s window to reach $100K by end of Q4 'looks very tight'
Bitcoin reaching $75,000 to $80,000 by Christmas seems plausible, but hitting six figures will require everything to “go right from here,” according to a crypto analyst.This post was originally published on this site
Bitcoin’s window to reach $100K by end of Q4 'looks very tight'
Bitcoin reaching $75,000 to $80,000 by Christmas seems plausible, but hitting six figures will require everything to “go right from here,” according to a crypto analyst.This post was originally published on this site
Bitcoin shorters ‘likely to get burned’ if CPI prints as expected
An analyst warns that a lower CPI could squeeze Bitcoin short sellers, while a higher-than-expected CPI might lead to a Bitcoin sell-off.This post was originally published on this site
Bitcoin's price shows 'no clear direction' amid active address decline
Bitcoin active addresses are declining due to a large amount of the market being “gobbled up” by institutional cash, says one analyst.This post was originally published on this site
Bitcoin's price shows 'no clear direction' amid active address decline
Bitcoin active addresses are declining due to a large amount of the market being “gobbled up” by institutional cash, says one analyst.This post was originally published on this site
Mt. Gox just moved $3B in Bitcoin — Here’s why the price barely blipped
Crypto analysts say Mt. Gox holders are more likely committed to hodling, and the market thinks so, too. This post was originally published on this site