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Bitcoin (BTC) is down slightly below the $66,000 mark after briefly touching the $69,500 level on October 21. This three-day $4,000 crash created a buying opportunity, according to a Bitcoin smart trader who accurately predicted this target. In particular, a prominent trading expert with a good track record, CrypNuevo , warned his followers Bitcoin could break local support. The support formed after eight subsequent four-hour attempts to break it from October 21 to 22, after the local high. Notably, CrypNuevo spotted the possibility of a bear trap hunting stop-loss liquidity right below the now-strong support. The Bitcoin price played out precisely as expected, breaking the line many analysts were watching and renewing the bearish sentiment. Picks for you Expert warns Bitcoin’s ‘Uptober will end as Downtober’ ...

As the crypto market monitors Bitcoin’s (BTC) next price trajectory and the possibility of breaching the $70,000 resistance, a trading expert has pointed out potential opportunities for investors to consider. In a TradingView post on June 7, the analyst TradingShot highlighted a medium-term pattern that aligns with Bitcoin’s long-term bullish trend but contradicts the short-term market euphoria of recent days. The Analysis revealed key insights into potential buying opportunities based on historical price patterns and technical indicators. Picks for you 'Other' cryptocurrencies dominate market liquidations, $100 million losses 17 hours ago 2 cryptocurrencies to reach $25 billion market cap in the second half of the...

Jeremy Allaire’s stablecoin operator now provides a depot of testnet tokens for blockchain builders to utilize when creating web3 tools and solutions. Circle, the issuer of crypto’s second largest stablecoin, USD Coin (USDC), has released a faucet for its U.S. dollar-pegged token and its euro-denominated coin EURC in a move said to bootstrap innovation across a plethora of decentralized networks.  This faucet will allow developers to access test USDC and EURC, which can then be deployed on testnets. In this staging area, builders evaluate blockchain applications and hold dress rehearsals ahead of the main deployment.  1/ We’re excited to share the launch of Faucet, a fast and easy way for developers to access testnet $USDC and $EURC on all of our support ed blockchain testing networks.https://t.co/CB8gUzrupy pic.twitter.com/JHphA99fNL — Circle Developers (@BuildOnCircle) December 7, 2023 The testnet tokens are free and would be available on support ed chains such as ...

Bitcoin longs get punished by relatively small BTC price losses as BTC/USD trends towards significant support lines. Bitcoin (BTC) traders remain sensitive even to small price movements as data shows liquidations climbing. As BTC/USD approaches $21,600 on March 9, those who are long BTC are seeing positions evaporate. Longs begin to disappear with BTC at three-week lows Despite consensus forming around Bitcoin retesting $20,000, small shifts in price are still taking their toll on traders. According to data from monitoring resource Coinglass, March 8 alone saw $24.4 million of BTC longs liquidated, the highest tally in almost a week. Bitcoin liquidations chart. Source: Coinglass This coincided with BTC/USD heading to three-week lows, abandoning $22,000 as support . At the time of writing, the downtrend continues, while liquidations for the day nonetheless remain negligible. Including altcoins, March 8 liquidated $95 million of longs and another $15.4 million of shorts. Further data f...