Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction?
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Category: Shorts
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Bears batter Bitcoin market sentiment as Bitfinex margin shorts surge 378%
The latest rally in BTC shorts is similar to what appeared ahead of the Elon Musk-led May 19 market crash.
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While Bitcoin Tapped New Price Highs, 78,000 Short Positions Worth Over $800 Million Got Liquidated
While bitcoin has crossed a new all-time price high in 2021, traders are leery toward shorting the crypto asset. Data from Bitfinex shows the number of short contracts has been extremely low in comparison to the total number of shorts in mid-March 2020. On Saturday, January 2, 2021, when the price of bitcoin surpassed $33k, […]
The post While Bitcoin Tapped New Price Highs, 78,000 Short Positions Worth Over $800 Million Got Liquidated appeared first on Bitcoin News.
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Market Update: Bullish Bitcoin S2F Chart, 6-Digit Prices, Liquidations Prime Crypto Values
The price of bitcoin and a number of cryptocurrencies have been sliding downward in value during the last 72 hours, after bitcoin touched a high of $9,700 on May 30, 2020. On Monday, June 1, the price is up 0.06% and trading for $9,578 per coin during the morning trading sessions. The market capitalization of […]
The post Market Update: Bullish Bitcoin S2F Chart, 6-Digit Prices, Liquidations Prime Crypto Values appeared first on Bitcoin News.
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Market Update: Bitcoin Cash Shines as Crypto Markets Show Bullish Signals
Digital currency markets are in the green again today after seeing some moderate losses the day prior. The leading cryptocurrency in the top 10 is the fourth-largest blockchain by market cap, bitcoin cash, which is up 14% today. A variety of other digital asset markets are doing well as the overall market valuation of all […]
The post Market Update: Bitcoin Cash Shines as Crypto Markets Show Bullish Signals appeared first on Bitcoin News.
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Market Update: Top Cryptos Face Strong Resistance Ahead
On January 6, digital currency markets saw decent gains as the entire crypto market capitalization surpassed the $200 billion mark at 3:50 p.m. EST. Since then most cryptocurrencies have tested heavy resistance and a slew of assets are being held back. Moreover, crypto trade volumes have increased significantly and there’s been roughly $83 billion in […]
The post Market Update: Top Cryptos Face Strong Resistance Ahead appeared first on Bitcoin News.
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Market Update: Crypto Traders Search for Bullish and Bearish Trends
During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents are still uncertain about the future trajectory and whether […]
The post Market Update: Crypto Traders Search for Bullish and Bearish Trends appeared first on Bitcoin News.
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Market Update: Bears Claw Crypto Prices Below Long-Term Support
Digital currency prices plummeted on Tuesday, as cryptocurrency markets lost billions during the morning trading sessions, New York time. BTC dropped well below the $7k range and other digital assets followed BTC’s path with sharp losses. Crypto prices haven’t been this low since May as the market valuation of the entire cryptoconomy is struggling to […]
The post Market Update: Bears Claw Crypto Prices Below Long-Term Support appeared first on Bitcoin News.
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Markets Update: BTC Longs Hit New Low for 2019, ETH Longs Test ATH
In recent market action, BTC shorts have increased by 20% during the last two weeks, while longs have continued to slide for the fourth straight week to consistently post lower lows for 2019 so far. In other markets, ETH shorts have dropped by nearly 50% while longs have pushed into new all-time highs, and LTC […]
The post Markets Update: BTC Longs Hit New Low for 2019, ETH Longs Test ATH appeared first on Bitcoin News.
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Longs vs Shorts for Top Cryptocurrencies – 2018 Week 41 Edition
As is usually the case in the cryptocurrency world, traders look to either long or short specific coins to predict the market momentum for profit. As of right now, things look very interesting for all of the major currencies, although the market can easily swing either way. According to information from datamish, here are the […]
The post Longs vs Shorts for Top Cryptocurrencies – 2018 Week 41 Edition appeared first on NullTX.
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