Why Bitcoin's drop below $40K is flashing mixed signals for traders

2024-1-23 22:00

Bitcoin dropped below the critical $40,000-level Despite bearish trends, the market maintains a balanced mix of long and short positions In a surprising twist of events, Bitcoin (BTC) has seThe post Why Bitcoin's drop below $40K is flashing mixed signals for traders appeared first on AMBCrypto.

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$ 97585.24 (+0.05%)
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Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges

Since February, Bitcoin has fallen to its lowest price, breaking below $60,000 and hitting $56,900 as of press time. The price is now 23% below its recent pre-halving all-time high of $73,000. Data from Coinglass shows that Binance, the most liquid exchange for Bitcoin trading, has several buy walls in the order book down to […] The post Bitcoin falls below $57k as $13 billion in leveraged shorts placed on major exchanges appeared first on CryptoSlate.

2024-5-1 11:42