Bitcoin Traders Expect Prices to Hit $74K Highs as Selling Pressure Eases
One trading desk has seen an uptick in call buying activity with targets of as high as $120,000 for December 2024.
Bitcoin’s Slump Sees Crypto Bulls Staring at $440M in Liquidations
Prices could be headed to as low as $55,000 in the coming weeks, one trader said, but the long-term bullish outlook remains intact.
SHIB, WIF Climb 60% as Shorts Lose $50M Betting Against Meme Coins
Pepe (PEPE), the frog-themed göğüs token on Ethereum, was up as much as 100% to set record highs.
Crypto Bulls Lose $217M as Apparent Grayscale Sales Weighs on Bitcoin
Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.”
Bitcoin’s Wall Street Debut Ends in Tears for Futures Traders, Leads to $83M Liquidations
Bitcoin ETFs clocked up some $4.6 billion in volumes on their first day, but market volatility hit futures speculators as prices whipsawed.
Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36 million in liquidations.
Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K
Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday.
BIGTIME, ORDI Tokens Lead Nearly $250M in Altcoin Liquidations
Altcoins futures took a hit Monday as sudden volatility liquidated both longs and shorts, causing unusually high liquidations on some lesser-known tokens.
Bitcoin’s Price Rise to $41K Buoyed by $200M in Weekend Short Liquidations
Overall market capitalization has risen 3% in the past 24 hours to reach a level previously seen in April 2022.
Crypto Traders Suffer Over $100M of Short Liquidations as Bitcoin Hits 3-Month High Over $31K
BTC surged past $31,000 and other cryptocurrency prices soared sharply Monday, too, taking many leveraged traders by surprise.