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Half a billion dollars of Ethereum shorts liquidated as market rips upward

For crypto short sellers, it has been a good year. This week, however, the tables flipped. Ethereum spiked violently upwards from $1350 to above $1550, and short sellers were caught off guard. Over $300 million in short bets were liquidated on Wednesday, with another $255 million in wipeouts Thursday putting the total above half a […] The post Half a billion dollars of Ethereum shorts liquidated as market rips upward appeared first on Invezz. дальше »

2022-10-28 13:23


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Analyst: If Bitcoin Holds $8,700, the Chances of “Bullish Continuation” Are High

The past few weeks have seen Bitcoin tread on thin ice multiple times: every time the cryptocurrency rallied to $10,000, it snapped lower, often violently. This week’s attempt at the crucial $10,000 resistance was no exception: after temporarily trading above the level for all of 20 minutes, the asset began a precipitous decline. дальше »

2020-6-13 04:00


Analysts Say Ethereum Surging Past $200 is Only the Beginning of Exponential Growth

Since the start of the year, Ethereum has been moving steadily upwards, sometimes violently, to form a steep vertical channel. And yesterday’s sharp gains saw a breach of the key $200 level. As such, analysts expect this to be a massive turning point for the number two cryptocurrency, which up until the start of the... The post appeared first on NewsBTC. дальше »

2020-2-7 16:01


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Bitcoin Price Analysis: Slow Upward Drift Tests Market Supply

A slow, grinding upward drift has been the name of the game for bitcoin’s market over the last few weeks. The upward drift is bringing us slowly to a level that was previously rejected violently:Figure 1: BTC-USD, Daily Candles, Upward DriftOur third rejection of the red resistance level shown above brought the market into a test of macro support in the mid-$3,000s. дальше »

2019-3-23 01:23


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56


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Bitcoin Price Analysis: Potential Reaccumulation Could Test Bear Trend

Last week, after a devastating move that shook the market violently up and down for a 7% move in just a few short minutes, bitcoin saw a major sign of strength as it proceeded to have a slow, but steady markup where it managed to establish a local high in the $6,800s:Figure 1: BTC-USD, Hourly Candles, Shakeout Prior to MarkupThis shakeout forced the market to temporarily establish a new monthly low in what could be argued to be a stop-hunt prior to the move to the $6,800s. дальше »

2018-9-24 21:29