Bitcoin shorters ‘are getting rekt’ after new $75K high
Almost $180 million in short positions in Bitcoin have been wiped as it hit a new all-time high, with an analyst saying it is “meaningful” that it is driven by spot demand. Go to Source
Pav Hundal
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Trump victory may give crypto a ‘dopamine hit,’ but traders should be cautious
Crypto analysts suggest a Trump victory could give the crypto market a “dopamine hit,” but with considerable volatility already priced in, traders should remain cautious. Go to Source
Bitcoin shorters ‘likely to get burned’ if CPI prints as expected
An analyst warns that a lower CPI could squeeze Bitcoin short sellers, while a higher-than-expected CPI might lead to a Bitcoin sell-off. Go to Source
Bitcoin’s price shows ‘no clear direction’ amid active address decline
Bitcoin active addresses are declining due to a large amount of the market being “gobbled up” by institutional cash, says one analyst. Go to Source
Mt. Gox just moved $3B in Bitcoin; here’s why the price barely blipped
Crypto analysts say Mt. Gox holders are more likely committed to HODLing, and the market thinks so too. Go to Source
ETH traders should now ‘expect the unexpected’ after ETF launch
Crypto analysts argue past performance won’t help predict Ether’s prices anymore and that Ether has “all the elements to rally like it has never seen before.” Go to Source
