$130 Million Worth of Bitcoin Shorts Liquidated as BTC Spikes Above $29,000

Massive volume of orders liquidated from market after Bitcoin made new high

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Over $1.17B of Bitcoin Longs Liquidated as Price Slumps Below $30K; What’s Next?

Bitcoin derivatives traders who opened bullish positions as the cryptocurrency reached its record high, near $34,500, are now staring at massive losses. Data provided by ByBt. com shows that the BTC/USD market liquidated long contracts worth $1.

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Bitcoin drops $1,500 in 9 minutes causing $1 billion in longs liquidated

The crypto market is not one for the faint-hearted.

The post Bitcoin drops $1,500 in 9 minutes causing $1 billion in longs liquidated appeared first on CryptoSlate.

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$1.33 Bln Worth of BTC, ETH, EOS, BCH, XRP, and Other Cryptocurrencies Liquidated Across Top Exchanges

More than $1.3 bln has been liquidated on cryptocurrency derivative exchanges as Bitcoin and Ethereum stumble

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Expectations for Even Further Bitcoin Gains Keep Lid on Futures Contracts Liquidations

Only $133 million in futures were liquidated on BitMEX as bitcoin soared above $11,400.

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Why Bitcoin Suddenly Spiked to $10,200, Instantly Liquidating $75M

The price of Bitcoin abruptly surged to $10,200, as it liquidated $75 million worth of short contracts.

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Bitcoin Explodes Past $10,000 For the First Time in Six Weeks: $50M Liquidated

Bitcoin is back. Over the past few minutes, the asset has rocketed higher past $10,000 for the first time in approximately six weeks. At the local highs, the asset reached $10,150 — and slightly higher on margin exchanges.

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New Analysis Shows Bitcoin Is Structurally Similar to 2018’s $3k Bottom

After pushing as high as $9,300, Bitcoin bulls faced yet another strong sell-off on Thursday. The cryptocurrency slid from that local high to a low of ~$8,930 in a number of hours in a move that liquidated dozens of millions.

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Bitcoin May Hit $10,500 “Sooner or Later,” Boosting Case for Upside

It’s been a tough past few days for Bitcoin traders. After holding ~$9,400, the cryptocurrency temporarily slipped under $9,000 on the weekend. In the process, dozens of millions of BitMEX longs were liquidated.

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No, Bitcoin Breaking Below $9k Was Not a Bearish Breakout: Analyst

On Saturday, Bitcoin finally broke below $9,000 after a week of consolidation. When the asset slipped under this level, more than $20 million worth of longs on BitMEX were liquidated. This was in addition to the more than $40 million liquidated just two days earlier.

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3 Fundamental Reasons Why Bitcoin Is Bullish After Drop Under $9k

On Saturday, Bitcoin decisively dipped under $9,000, reaching lows not seen in over a week. It was a move that liquidated dozens of millions of dollars worth of longs, shaking bulls from their expectations of upside.

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Traders Say Bitcoin Looks Like 2020’s High. Key Data Begs to Differ

At the start of June, Bitcoin saw a crucial rejection at one of the most pivotal price levels: $10,500. After surging to that region, the cryptocurrency plunged by $1,000 in the days that followed.

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Bitcoin (BTC) Drops to $9,262 on BitMEX as $25M in Longs Liquidated in Two Waves

The Bitcoin (BTC) market has experienced two waves of massive long liquidations on BitMEX Bitcoin (BTC) derivatives exchanges. Will it continue to free-fall?

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Analyst Who Predicted Bitcoin Would Hit $3,000s in 2020 Expects a 15% Drop

After holding in the low-$9,000s, Bitcoin finally saw a breakout recently. The cryptocurrency liquidated $15 million worth of BitMEX short contracts as it shot as high as $9,800 during Monday’s trading session.

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$15m Liquidated as Bitcoin Surges to $9,800 for the First Time in Weeks

After days of consolidation, Bitcoin experienced a crucial breakout over the past few hours. The cryptocurrency just minutes ago tapped $9,800, the highest price it has traded at in over 10 days. With this latest move higher, the cryptocurrency is up approximately 5% in the past 24 hours.

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Millions Liquidated as Bitcoin Clears $9,600 on Back of S&P 500 and DeFi

After stalling in the low-$9,000s for a series of days, Bitcoin has finally shown some strength. Over the past six hours, the cryptocurrency has shot higher from $9,400 to a local high of $9,650 on margin exchanges.

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Bitcoin Tries to Recover $1,000 Crash, But BTC Faces Strong Resistance Ahead

Bitcoin is back in the spotlight of the cryptocurrency market after taking a nearly 10% dum. The sudden bearish impulse saw the asset’s price drop from a high of $9,970 to a low of $9,050. Alongside the price slump, over $80 million worth of long and short BTC positions were liquidated on BitMEX alone. From […]

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Bitcoin Tanks $1,000: Here Are 4 Pivotal Signs Showing the Uptrend Is Intact

As fast as Bitcoin rallied to $10,000, it crashed. The cryptocurrency dipped approximately $1,000 in the span of eight hours in a process that liquidated approximately $80 million worth of contracts on BitMEX’s XBT market.

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Millions Liquidated on BitMEX as Bitcoin Dives $500 From $10,000 Resistance

After attempting to break past $10,000, Bitcoin has been on a gradual decline. The cryptocurrency recently fell as low as $9,475 on leading exchanges, crushed as buyers distribute coins at the crucial $10,000 resistance level.

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Analysts Expect Bitcoin to See “At Least 18 Weeks” of Blood Due to This Pattern

Bitcoin saw some immense overnight turbulence that caused its price to plummet from highs of nearly $9,900 to lows of $9,400 on many exchanges This movement liquidated over-leveraged long and short-positions, and further confirmed that BTC is caught within a tight trading range Despite its current stability, one pattern now indicates that Bitcoin is positioned to make a massive movement in the near-term One analyst believes that this movement will favor sellers, as a pattern […]

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Bitcoin CME COT report shows surge in short positions

Between 1-2 June, more than $200 million worth BTC positions were liquidated as Bitcoin rose by $700 and collapsed by the same amount. Since then, the price has moved mostly sideways. On the same day,The post Bitcoin CME COT report shows surge in short positions appeared first on AMBCrypto.

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If Bitcoin Closes Above $10,500, Expect an Explosive Rally to $14,000: Analysts

Bitcoin has seen quite the volatile past seven days. The cryptocurrency broke out on June 1st past $10,000, rallying as high as $10,450 on major exchanges in a move that liquidated dozens of millions worth of short positions on BitMEX.

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Crypto Tidbits: $200M of Bitcoin Liquidated, Ethereum DeFi Adoption Limited, Bloomberg Is Bullish

Another week, another round of Crypto Tidbits. The past seven days have been volatile days for Bitcoin and other cryptocurrencies. The cryptocurrency on June 1st rallied past $10,000 for the first time in many weeks, reaching as high as $10,400.

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Analyst: Bitcoin’s Mass $220m Liquidation Spree is Fundamentally Positive for BTC

Bitcoin saw an immense decline yesterday that was sparked by its latest push into the $10,000 region This decline caused the cryptocurrency’s traders to have nearly $100 million in long positions liquidated This massive torrent of liquidations came about less than 12-hours after the crypto’s rally to highs of $10,500 liquidated over $120 million in short positions Bitcoin has seen immense turbulence as of late, providing dangerous market conditions for active traders looking to cash […]

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CME Bitcoin Futures Post Strong Trading Session Amidst Market Chaos; What This Means

Bitcoin’s immense volatility seen yesterday caught investors and traders off guard, leading to over $200 million in positions to be liquidated. It also made it increasingly unclear as to how strong BTC’s recent uptrend truly is.

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Despite $1,500 Crash, Charts Show the Bitcoin Uptrend Is Still “Intact”

Just 24 hours ago, Bitcoin surged above $10,000 for the first time in weeks in a move that shocked the market. During the rally, over $100 million worth of short positions were liquidated as the asset jumped nearly $1,000 higher within an hour.

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These Warning Signs Flashed Prior to Bitcoin’s Capitulatory Decline to $9,000

Bitcoin’s explosive rally past $10,000 yesterday afternoon liquidated tens of millions in short positions The decline from this level seen this morning also led to mass liquidations amongst traders It is imperative to note that virtually all previous breaks above this level have been met with heavy selling pressure that results in capitulatory downtrends One factor that could spell trouble for Bitcoin is the fact that funding rocketed following the recent rally Bitcoin saw a […]

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Fund Manager Thinks Bitcoin Is Primed to Rip Higher, Even After $1,000 Move

It’s been an explosive past 24 hours for the Bitcoin market. The leading cryptocurrency traded as high as $10,429 on Monday, surging higher as dozens of millions worth of short positions were liquidated on BitMEX.

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Millions Upon Millions of BitMEX Shorts Liquidated as Bitcoin Surges to $9,600

Just a day after Goldman Sachs came out with a scathing presentation on Bitcoin, the asset is rallying. Investors are clearly shaking off the “FUD” the multinational bank through the cryptocurrency market’s way.

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Bitcoin Price Back Above $9K as $19M in Shorts Liquidated on BitMEX

A bloodbath for BitMEX XBT-USD shorts has seen about $19. 4 million in liquidations over the past 24 hours, with the Bitcoin (BTC) price moving above $9,000. Data from CryptoMeter. io shows $19. 4 million worth of Bitcoin shorts wrecked vs.

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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 […]

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Fundamental Factors Could Drive Huge Bitcoin Demand, Making $14,000 Possible

After poising to decisively retake $10,000 last week, Bitcoin crashed on Wednesday. The cryptocurrency, due to fears that pseudonymous coder Satoshi Nakamoto was dumping his coins, plunged from $9,800 to $9,100 in a move that liquidated dozens of millions.

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Crypto Tidbits: Bitcoin Halving, Reddit Using Ethereum, JP Morgan Dabbles in Crypto

Another week, another round of Crypto Tidbits. Bitcoin has seen quite the tumultuous week, The cryptocurrency started off the week with a bang, collapsing from ~$9,700, the weekly open price, to a low of $8,100, in a dramatic sell-off that liquidated over $200 million worth of long positions on BitMEX and hundreds of millions of more...

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Crypto Is at a Critical Turning Point: 3 Factors Why Bulls Will Hold Strong

Bitcoin and the rest of the crypto market have been subject to strong reversals over the five days since last week’s highs. After reaching $10,000, the leading cryptocurrency plunged 20% in the span of 48 hours, crushed as over $1 billion worth of positions were liquidated on a number of crypto exchanges.

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Bitcoin plunges 15% triggering liquidations over $260 million

Bitcoin price plunged around 15% on Saturday and triggered liquidations on the BitMEX exchange, which saw over $260 million in long positions liquidated On May 10, just a day before Bitcoin’s halving, the number of long positions liquidated on BitMEX rose to $295 million.

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Bitcoin Violent Crash to $8k Sparks Social Volume Spike – Prices Expected to Rebound

Just a few hours ago, Bitcoin saw a huge 20% crash down to $8,000 on most exchanges. More than $200 million in Bitcoin longs were liquidated within 25 minutes on BitMEX, however, bulls managed to bounce back up quite decently and BTC is currently trading at around $8,800.

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Almost $250 Mln Worth of Bitcoin (BTC) Longs Liquidated on BitMEX

It?s been a very rough day for Bitcoin bulls, with almost $250 mln worth of longs liquidated in a blink of an eye on the BitMEX exchange

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Paul Tudor Jones, Halving & More: 4 Trends Behind Bitcoin’s Eruption to $10,000

After weeks of rallying, Bitcoin finally topped $10,000 today, ripping past this key level. Here’s a collection of what caused this move, which liquidated dozens of millions worth of BitMEX short positions.

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Bitcoin’s Move Past $8,000 Liquidates Millions; Sends Bears into Hiding

Bitcoin’s overnight upswing allowed the crypto to gain what appears to be a firm foothold within the $8,000 region This movement came about shortly after the extended period of sideways trading that it faced throughout the past several days It also liquidated millions of dollars in short-positions, leading BTC’s open interest to dive as bears go into hiding Bitcoin’s notable overnight rally has marked a major extension of the uptrend that was first sparked when […]

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$12 Million on BitMEX Liquidated as Bitcoin Prints Nasty “Darth Maul” Candle

After trading below $7. 800 for days on end, Bitcoin attempted a run at the level just minutes ago. At first, it seemed like the cryptocurrency had a chance, rallying from $7,770 to $7,870 — a gain of approximately 1.

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If History Rhymes, Bitcoin Will Soon Rocket Into a Full-Blown Bull Run

Bitcoin has performed extremely well over the past few days, rallying from last week’s lows at $6,800 to a high of $7,800 on April 23rd. It was a move that liquidated dozens of millions of dollars worth of short positions and convinced analysts to put credence in the BTC bull case. According to a popular...

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These Factors Make Bitcoin’s Bull Case as Strong as “Physics”: Fund Manager

Bitcoin has been on a remarkable run over the past few weeks, rallying over 100% from March’s lows around $3,700. It’s been an impressive move that has liquidated dozens of millions of dollars worth of shorts.

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This “Perfect” Sell Setup Marked Bitcoin’s $10,000 High. It Just Returned

Early this week, analysts were expecting for Bitcoin to start to reverse lower. The cryptocurrency, after rallying for five weeks straight, was seemingly starting to top out, falling to $6,800 in a move that liquidated dozens of millions.

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Crypto Tidbits: Bitcoin Surges to $7,800, More U.S. Stimulus, Tether Erupts

Another week, another round of Crypto Tidbits. Bitcoin has performed extremely well over the past week, managing to rally as high as $7,800, which is a pre-crash level, just the other day in a move that liquidated $70 million worth of short positions.

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$75 million liquidated: Bitcoin’s power move leaves trail of destruction for bears

Bitcoin saw an explosive upside movement earlier today that caught the cryptocurrency’s bears off-guard, leading to over $75 million in positions to be liquidated. Open interest (OI) on popular crypto trading platform BitMEX has also plunged in the time following this movement, with the freshly liquidated positions apparently leading many traders to move to the […] The post $75 million liquidated: Bitcoin’s power move leaves trail of destruction for bears appeared first on CryptoSlate.

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Bitcoin Price Dives to $6,800, Leaving $40 Million in Longs Liquidated

After managing to retake $7,200 on the weekend, Bitcoin tumbled lower on Monday morning, falling in tandem with global markets as the coronavirus continues to ravage economies. As of the time of this article’s writing, BTC is trading at $6,840 — just under 7% below the weekend’s highs of $7,300 and nearly 9% below the...

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This Level Marked Bitcoin’s $3,000 Bottom. Now, It’s Marking the Local Top

Bitcoin’s price seemingly moves without rhyme or rhythm. As a result, day-to-day, no one has been able to accurately predict the movements of the cryptocurrency, accentuated by the fact that some $1 billion+ worth of long positions (and short positions) were liquidated on BitMEX and other trading platforms during March 12th’s flash crash to $3,700.

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Bitcoin's flash crash may have opened arbitrage opportunity for traders

Bitcoin's flash crash a month back led to many long and short positions being liquidated, with many users recording huge losses. What was more damaging was the fact that 90% of these positions were loThe post Bitcoin's flash crash may have opened arbitrage opportunity for traders appeared first on AMBCrypto.

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$61 Mln Worth of BTC Shorts Liquidated on BitMEX as Bitcoin Bulls Savour Taste of Revenge

More than $61 worth of Bitcoin (BTC) shorts have been wiped out on BitMEX an extremely volatile day

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