By Emir Abyazov Bitcoin has suffered its biggest test since July this year, falling below $99,000 on November 4. This triggered a chain of events that upended the balance of power in the cryptocurrency market. Mass liquidations of long positions exceeded $1.7 billion in a single day — but paradoxically, it was this very decline […]
Tag: CME
By Emir Abyazov Key highlights: Bitcoin tumbles below $104K, with traders bracing for a test of $100K Analysts eye possible correction toward $92K CME futures gap Short-term holders show signs of capitulation amid growing losses Bitcoin has fallen below $104,000 for the first time in weeks, sparking warnings from traders that the leading cryptocurrency may […]
By Afe Funbi Key highlights: The price of Bitcoin retested the key support at $100,000 for the first time after several weeks of selling pressure started, putting bulls on the defensive. Analysts also warn that a break below $100K could trigger a sharp move toward $92K to close a CME gap. On-chain activity is cooling […]