Crypto liquidations pass $700M as altcoins take a hit from Bitcoin sinking below $40K

Bitcoin (BTC) stayed lower on Friday after an overnight bout of volatility sent the largest cryptocurrency to six-month lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$40,000 optimism unwindsData from Cointelegraph Markets…

Continue ReadingCrypto liquidations pass $700M as altcoins take a hit from Bitcoin sinking below $40K

Bitcoin dips below $42K as new forecast says breakout 'most probable outcome' for BTC price

Bitcoin (BTC) returned closer to $40,000 on Thursday as $44,000 resistance proved too much for bulls to overcome.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBuying another dipData from Cointelegraph Markets Pro…

Continue ReadingBitcoin dips below $42K as new forecast says breakout 'most probable outcome' for BTC price

Bitcoin returns to $42K as bets start favoring ‘short squeeze’ higher for BTC

Bitcoin (BTC) broke through $42,000 on Jan. 11 as expectations of a fresh “short squeeze” mounted.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewShort-term squeeze “reasonably likely”Data from Cointelegraph Markets Pro and…

Continue ReadingBitcoin returns to $42K as bets start favoring ‘short squeeze’ higher for BTC

Bitcoin performs classic bounce at $40.7K as BTC price comes full circle from January 2021

Bitcoin (BTC) bounced off what is for some a key level on Jan. 9, closely mimicking events from September 2021. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Shorters will get rekt" at…

Continue ReadingBitcoin performs classic bounce at $40.7K as BTC price comes full circle from January 2021

Bitcoin fills $42K December price wick as analyst says ‘party just getting started’

Bitcoin (BTC) delivered fresh volatility on Jan. 6 as rangebound behavior saw its first shake-up in weeks.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOpen interest remains highData from Cointelegraph Markets Pro…

Continue ReadingBitcoin fills $42K December price wick as analyst says ‘party just getting started’