1.1M noobs panic sell, but Bitcoin hodlers DGAF
Weak hands are panic selling, but long-term BTC holders have seen it all before. Go to Source Powered by WPeMatico
Correction
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Analyst Warns of Broad Correction in the Cryptocurrency Market
Vanda Research has warned of a broad correction in the cryptocurrency market. Ben Onatibia, the firm’s partner and senior strategist, said that the surge in cryptocurrency prices this year is reminiscent of bitcoin’s rally in 2017. A Correction in Crypto Market Appears to Be Brewing, Says Analyst Vanda Research published a report Monday warning of … Read more
Bitcoin markets record deepest retracement since Black Thursday: Raoul Pal
With Bitcoin’s relative-strength indicator slumping to levels not seen since the March 2020’s Black Thursday crash, Raoul Pal asserts BTC is overdue for a bounce. Go to Source Powered by WPeMatico
Peter Brandt: ‘Laser eyes’ to blame for Bitcoin correction — but it’s ‘very mild’ anyway
Bitcoin has corrected 17% so far but could have much further to go. Go to Source Powered by WPeMatico
‘Silent crash’ as price floors collapse across NFT space
Prices are plummeting, and some holders might not even know it Go to Source Powered by WPeMatico
Bitcoin market cap back below $1 trillion as correction deepens
More than $140 billion has exited Bitcoin markets over the past seven days. Go to Source Powered by WPeMatico
Extreme leverage drove $500 million worth of BTC liquidations in one hour
The latest Bitcoin correction triggered a record $500 million worth of liquidations in 60 minutes on major exchanges. Go to Source Powered by WPeMatico
Leverage traders ‘flushed out’ by late-February crypto crash: Glassnode
Crypto analytics provider Glassnode argues the late February BTC crash may have been a healthy reset that flushed excessive leverage out of the market. Go to Source Powered by WPeMatico
Bullish or bearish? PayPal hosts $242M in crypto trading over 24 hours
Daily crypto volume on payments giant PayPal have surged to record highs above $240 million. Go to Source Powered by WPeMatico
Veteran Analyst Says BTC Might See Further Correction but ‘Prices Have Not Topped’
Following bitcoin’s sharp pullback on November 26, renowned trader Peter Brandt says BTC is likely to see a further correction, although he thinks prices have not topped. The comments follow the massive sell-off of cryptos that resulted in traded volumes of $8.5 billion being recorded across exchanges in just 24 hours. According to Messari, this … Read more
