Bitcoin ‘cascading long squeeze’ to blame for slump to $60K
An increasing number of traders entering new long positions was the “fuel” behind Bitcoin’s slump to $60,000, according to Bitcoin analyst Willy Woo. Source link
An increasing number of traders entering new long positions was the “fuel” behind Bitcoin’s slump to $60,000, according to Bitcoin analyst Willy Woo. Source link
Bitcoin transactions worth $100,000 or above have significantly fallen over the past two days. Meanwhile, Bitcoin has just retraced below $63,000. Source link
Binance is assisting in investigating the malicious attack on Turkish crypto exchange BtcTurk, according to Binance CEO Richard Teng. Source link
Bitcoin miners are not “full-scale bear market level capitulating,” according to a crypto analyst. Source link
Bitcoin’s price briefly dipped below a critical level for traders sparking fears that a further correction toward $60,000 might be on the horizon. Source link
Santiment’s Bitcoin social sentiment indicator has been flashing red as the price of Bitcoin has been hovering around the $65,000 mark. Source link
The first Bitcoin ETF on Australia’s main stock exchange traded 96,476 shares throughout the day. Source link
A heavy amount of Bitcoin short positions will be wiped if Bitcoin returns to $70,000, a price level it hasn’t seen in 12 days. Source link
Asset management firm Bitwise has disclosed Pantera is interested in buying its upcoming spot Ether ETF, but it could spend more, less — or nothing at all. Source link
Bitcoin “Banana Zone” is on the horizon, but it will need to reverse these key metrics first to maintain a “sustainable recovery.” Source link