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Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts

Bitcoin saw a sharp rise overnight that allowed it to firmly surmount the $9,000 region This upwards movement liquidated nearly $20 million in short positions, with buyers now attempting liquidate even more shorts in an attempt to fuel an uptrend The crypto has been rejected within the $9,200 region, however, which could halt its short-term uptrend Analysts are now also noting that heavy resistance just above Bitcoin’s current price level could be enough to fuel […] дальше »

2020-5-28 23:00


A $130 Million Shorts Liquidation May Have Supercharged Bitcoin Price to $9,000

By CCN: On May 27, the bitcoin price surged from $8,000 to $8,939 on major exchanges such as Bitstamp and Coinbase, achieving a new high for 2019. Key catalysts behind the abrupt increase in the bitcoin price within a short time frame remain unclear; some have suggested the overall improvement in sentiment around the crypto market and an increase in demand from retail investors. дальше »

2019-5-27 17:27


Crypto Trading Expert: “Last Chance to Load Up” on Bitcoin as BTC Price Briefly Touches $6,107 USD

Shorts getting squeezed as BTC retakes $6k FOMO Incoming if BTC push up from $6k says crypto trader Bob Loukas But not before a drop to low $4k’s says another trader Bitcoin has finally surpassed $6,000 hitting not just the yearly high but the highest level in 6 months. In these past few months, the […] дальше »

2019-5-9 19:29


Bitcoin’s [BTC] bull rally over $5000 precipitates liquidation of more than $400 million shorts

The entire cryptocurrency market boomed today, with most cryptocurrencies breaking their resistance points and rising by double digits. The rally was speculated to be fueled by Bitcoin [BTC], the largest cryptocurrency by market cap, with the coin breaking its $5000 mark resistance in a matter of minutes. дальше »

2019-4-2 18:30


Bitcoin Shorts Near Monthly High and it Could Trigger a Major Price Movement

Bitcoin shorts have increased significantly in recent weeks to a monthly high, an indicator that may suggest a decline in the confidence of investors in the dominant cryptocurrency. Shorts remain an unconvincing indicator of the sentiment in the cryptocurrency market because the take of analysts on the impact of short contracts on the price of Bitcoin differs quite regularly. дальше »

2019-3-13 21:32


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XRP Price Looks Ready to Drop Another 20 Percent: Ripple Shorts Get Ready

For those that have been following the price articles that have been put out in recent times, the recent downturn in price is something that was anticipated a few days ago: https://www.tradingview.com/chart/XRPUSD/2nwG1KT3-XRP-Beginning-to-Look-Very-Bearish-in-the-Mid-Term/ Currently, the price of $XRP is down -10% for this period (on the daily), which is a pretty steep decline. So, what’s going […] дальше »

2018-10-7 23:30


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Bitcoin Price – Shorts Rekt by Crypto Whales

After sideways trading in the past 2 weeks between the $6,100 and the $6,500 support and resistance lines, Bitcoin decided to say hello by bouncing between the two ranges in a matter of minutes. What caused the Bitcoin price to drop to a low of $6,100 then bounce up to $6,500 only to settle at […] The post Bitcoin Price – Shorts Rekt by Crypto Whales appeared first on NullTX. дальше »

2018-9-20 00:16


Ether Price Analysis: Market Indecision Could Cause Short Covering Rally

When we last discussed the ETH-USD pair, the price was testing support in the mid $200 range. Since then, the market has dropped another 30% as ether tests the waters in the upper $190 range:Figure 1: ETH-USD, 1-Day Candles, Macro TrendThe volume on the current drop has been exceptionally high compared to the beginning of its descent from the $800s. дальше »

2018-9-11 01:02


Bitcoin Shorts Reach All-Time Highs During Low Market Cycle, What’s Next?

Bitcoin short positions have been ranging near their all-time highs during the past month, signaling that traders are giving up hope that Bitcoin will maintain its current price of over $7,200. On September 1st, a notable 10,000 BTC short position was opened, bringing Bitcoin short positions back near their all-time high as Bitcoin shows relative. дальше »

2018-9-3 20:29


Bitcoin (BTC) Price Technical Analysis: Sentiment Shift as Shorts Exit Positions Boosting Bitcoin Prices

After all, Bitcoin is on the verge of a new revival that may bolster prices and hopefully propel them above week ending Aug 12 highs-the all important level $7,200. Technically it’s a tall order gauging by the way Bitcoin buyers are struggling to build momentum that would thrust and sustain them above $7,000—a conservative buy. дальше »

2018-8-27 05:13


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Bitcoin Price Analysis: High Shorts Count Could Signal Price Hike

Once again, bitcoin finds itself precariously perched on the bottom of its macro trading range (TR). After a strong round of selling over the course of two weeks plunged the price back to the $6,000s, bitcoin began consolidating for several weeks at the bottom of the TR:Figure 1: BTC-USD, 1-Day Candles, Macro TRAs shown in the figure above, the market has interacted several times at the current price range and it has been a source of three major bullish rallies. дальше »

2018-8-25 00:42