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Liquidations have traditionally been used as a gauge of market sentiment and direction, and judging by the Bitcoin (BTC) trades on Bitfinex, traders are feeling the heat of a long squeeze in March 2025. According to the data Finbold retrieved from the crypto lending analytics platform Datamish on March 14, Bitfinex saw a wave of liquidations this month, with long positions taking a devastating hit Specifically, out of the total of 4,226.8 BTC liquidated, 4,196.9 of those were related to long positions, a staggering 99.29%. Picks for you Ripple moves $465 million of March's sell reserve; Will XRP price suffer? 1 hour ago Gold surpasses $3,000 for the first time — What’s next for the commodity? 4 hours ago ...

The Bitcoin price surged 5% in the last 24 hours to trade at $103,945 as of 8:54 p.m. EST on trading volume that soared 25% to $69.4 billion. This comes amid optimism in the crypto industry ahead of the upcoming inauguration of the US President-elect Donald Trump on Monday, January 20th. The upward trajectory is largely attributed to the anticipation of crypto-friendly policies under the incoming administration. Bitcoin Price Indicators Suggest A Potential Breakout The BTC price Analysis on the 1-day timeframe exhibits a strong bullish trend. After a prolonged period of sideways consolidation earlier in the year, the Bitcoin price broke out decisively, as indicated by the large green arrow. A critical price pattern visible here is the sideways pattern within the $92,572-$103,913 range around, according to GeckoTerminal data. This area previously acted as resistance during the consolidation phase but turned into a robust support level after the breakout. The current price of Bi...

The Bitcoin price rose by a fraction of a percentage in the last 24 hours to trade at $54,916 as of 03:46 a.m. EST on trading volume that soared 42% to $22 billion. There may be worse to come before things get much better, according to crypto analyst Michaël van de Poppe. He sees BTC plunging to as low as $45,000 before rate cuts from the Federal Reserve, a weakening US economy, and liquidity injections from China help bring about “the biggest bull cycle ever.” Big #Bitcoin Crash Coming? That’s the sentiment and the primary question. The crypto markets have been terrible in return for 2024, through which the general consensus is whether a big crash is occurring. I discuss this in my latest video:https://t.co/T8lKgu9OFm My short… pic.twitter.com/iVl7TkBkHE — Michaël van de Poppe (@CryptoMichNL) September 8, 2024 Bitcoin Price Prediction: BTC Could Sustain The Bearish Trend The Bitcoin price has been on a downward trend in September, tra...

The cryptocurrency market experienced a significant crash from August 27 to 28, liquidating thousands of traders mainly from long positions. Bitcoin (BTC) and Ethereum (ETH) led the liquidations among other cryptocurrencies, totaling over $333 million lost in 24 hours. Finbold retrieved data from CoinGlass on Wednesday morning (UTC), showing the damage from these liquidation events in a surprising crash. Essentially, 92,360 crypto traders were liquidated for $333.95 million in the last 24 hours. In particular, 82.8% were long-position traders who lost over $276.59 million from their bullish bets. The largest single liquidation happened on Binance, with the ETH/BTC pair for $12.67 million lost as ETH crashed. Picks for you Here’s why Bitcoin price is crashing 1 hour ago ...

The Bitcoin price soared 5% in the last 24 hours to trade at $64,169 as of 09:06 p.m. EST on trading volume that surged 55% to $42.8 billion. The pump came after Federal Reserve Chair Jerome Powell endorsed an imminent start to interest cuts, saying on Aug. 23 that further cooling in the job market would be unwelcome and expressing confidence that inflation is within reach of the Fed’s 2% target. “The time has come for policy to adjust,” Powell said in a speech at the Kansas City Fed’s annual economic conference in Jackson Hole, Wyoming. Bitcoin Price To Continue Rallying The Bitcoin price has eventually crossed above the sideways pattern, as the bulls win the struggle with the bears to soar above the consolidation phase. BTC has eventually overcome the $61,326 resistance zone, according to data from GeckoTerminal . BTC now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the uptrend. Moreover, the Relative Strength Index ...

Over $9o,000 traders were liquidated in 24 hours as Ethereum, Bitcoin prices surged to $3,800 and $71k respectively. Total liquidations reached $383 million, with $297 million in shorts and $86 million on longs. Market is upbeat about SEC approving spot Ether ETF after latest developments the regulator initiated late Monday. Coinglass data shows that more than 90,000 trade rs were liquidated in the past 24-hours, with total liquidations reaching $383 million. The spike in prices for Ethereum, Bitcoin, Dogecoin and other tokens saw over $297 million in short positions liquidated. Longs accounted for about $86 million in liquidated positions as crypto prices skyrocketed late Monday and on Tuesday. According to Coinglass, the total number of liquidated trade rs reached 93,833 at 11:40 am ET on Tuesday. The largest liquidation happened on BitMEX, with an XBTUSD trade worth $4.26 million liquidated . Ethereum traders see over $100 million in short liquidati...

BTC futures and options held firm despite a wave of negative news, and data shows traders targeting $40,000. The cryptocurrency market recently experienced events that were previously expected to present a severe negative price impact, and yet, Bitcoin (BTC) trades near $37,000 on Nov. 22, which is essentially flat from three days prior. Such performance was utterly unexpected given the relevance of Binance’s plea deal on Nov. 21 with the United States Authorities for violating laws involving money laundering and terror financing. Bearish news has had limited impact on Bitcoin price One might argue that entities have been manipulating Bitcoin’s price to avoid contagion, possibly involving the issuing of unbacked stablecoins–especially those with direct ties to the exchanges suffering from the regulatory pressure. Thus, to identify whether investors became highly risk-averse one should analyze Bitcoin derivatives instead of focusing solely on the current price levels. The U.S. gove...

Coinbase Financial Markets has officially launched crypto futures trading for eligible US traders , following its approval to operate as a futures commission merchant by the National Futures Association. Coinbase Financial Markets has expanded its offerings by introducing crypto futures trading to eligible US traders. This move follows the company’s clearance to operate as a futures commission merchant by the National Futures Association in August. A futures contract represents a legal agreement to purchase or sell an asset at a predetermined price at a specified future date. For traders, futures offer a range of strategic benefits, including risk hedging, portfolio diversification, leveraged trading, and the ability to speculate on market directions. To access these crypto futures, US traders are required to utilize the Coinbase Advanced trading platform and possess a spot trading account with the exchange. The contracts are deliberately sized to accommodate retail trade...

BTC price action returns to the $17,500 mark for the first time in almost a month, but traders refuse to flip bullish. Bitcoin (BTC) staged a brief but promising return to $17,500 overnight on Jan. 11 as newfound strength lingered. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin fails to win over skeptical traders Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting new local highs of $17,504 on Bitstamp. Almost tying with the peak from Dec. 16, the pair displayed rare upside momentum against a backdrop of some of the lowest volatility ever seen over the holiday season. Now, traders and analysts anticipate an erratic reaction to upcoming macroeconomic data from the United States. Due Jan. 12, the Consumer Price Index (CPI) print is expected to bolster the narrative that inflation is waning, offering a potential window of opportunity for risk assets. Nonetheless, many voices urged caution, with signs of fundamental price support still lacking. ...