An unprecedented number of BTC margin longs recently closed at Bitfinex, leaving analysts searching for explanations.
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An unprecedented number of BTC margin longs recently closed at Bitfinex, leaving analysts searching for explanations.
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All the pieces are in place for BTC to rally to $30,000, but escalating economic uncertainty and regulatory pressure add strength to the key resistance level.
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This week’s bearish regulatory actions and rumors were not strong enough to suppress investors’ appetite for cryptocurrency.
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Now-bankrupt exchange FTX attempted to enter Canada in June 2022, but local regulators have managed to prevent the mess.
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All eyes are on this week’s Federal Reserve meeting, and BTC traders hope that positive strides against inflation trigger a run to $18,000.
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Leveraged long margin traders are playing with a hot potato, and with BTC struggling at $17,000, they might get burned sooner than later.
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Margin trading and futures are used in cryptocurrency to multiply gains. Here’s what you need to know about these tools, how they work, and their differences.
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The dollar index (DXY) found support at a key level, leading traders to question whether BTC will manage to flip $17,250 to support.
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Bitcoin whales and market makers continue to add to their leverage long positions, even though it’s unclear whether $15,500 was the final bottom.
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