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Bitcoin tumbled to $95k after $540 million in long liquidations

Bitcoin’s stint at its new all-time high of $108,200 was short-lived. In less than a week, its price dropped by over 12%, reaching $95,000 on Dec. 23. While pullbacks ranging from 20% to as high as 30% are commonplace dulling bull rallies, this price reversal was accompanied by a cascade of long liquidations, which further […] The post Bitcoin tumbled to $95k after $540 million in long liquidations appeared first on CryptoSlate. дальше »

2024-12-24 05:00


Analyst Predicts Bitcoin Bull Run: MVRV Metric Hints At $95K To $120K Target

The Bitcoin price action has sparked renewed interest among analysts and investors as the cryptocurrency approaches a major event (the US election) later in November. A CryptoQuant analyst known as CoinLupin recently provided an analysis on the CryptoQuant QuickTake platform, focusing on Bitcoin’s Market Value to Realized Value (MVRV) ratio, a metric often used to gauge Bitcoin’s value compared to its on-chain fundamentals. дальше »

2024-11-5 04:30