Strengthening Dollar and OG Selling Pressure Keep Bitcoin Bears in Control
Bitcoin is facing pressure on two fronts with continued selling pressure and a new macro headwind, say analysts.
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According to analysts, Bitcoin's drop from $82K to $62K could prove more meaningful than the previous pullback from $102K to $82K.
Read full articleBitcoin is facing pressure on two fronts with continued selling pressure and a new macro headwind, say analysts.
The recent Bitcoin downturn highlights increased market volatility and potential for further liquidations, impacting investor confidence. The post Bitcoin falls below $63,000 as $150M in longs get liquidated appeared first on Crypto Briefing.
Deft and Rascal's analyst roles could enhance South Korea's esports strategy, potentially leading to military exemptions for future players. The post KeSPA names Deft and Rascal as analysts for South Korea’s Asian Games squad appeared first on Crypto Briefing.
Bitcoin rejected the $64,500-$64,700 resistance zone, with one analyst watching $62,200 and $60,700-$61,000.
Bitcoin volatility remains in focus as traders track leverage risk and liquidation-driven moves around the $65,000 area.
Bitcoin’s futures market saw a sharp leverage reset as BTC Open Interest fell 19.5%, outpacing the price decline. The pullback from $26.0 billion to $20.89 billion suggests traders reduced exposure, shifting attention toward spot demand. Leverage Reset Shifts Focus to Spot Demand Bitcoin’s futures market has undergone a sharp leverage reset. Traders are now watching […]
Strive reportedly bought 759 BTC at about $65,850, lifting its Bitcoin holdings to 19,864 BTC.