Tag: Price

Hyperliquid Bear Flips Bullish After Losing Over $46M Betting on HYPE Price to Drop

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A crypto whale who stubbornly held his HYPE short through May’s rally has finally been punished as Hyperliquid’s token kept climbing. Key takeaways: Trader has opened fresh long positions in Arthur Hayes’ trinity coins: HYPE, ZEC, and NEAR. HYPE has extended its bull pennant breakout and is now eyeing a rally above $100. Whale reverses HYPE bet after $46.46 million loss On Tuesday, the trader known as “loracle.hl” finally closed his HYPE short, locking in a $46.46 million loss, according to data resource HyperBot. Loracle.hl’s closed perpetual trades. Source: HyperBot…

Here’s Why The Bitcoin Price Is Crashing And What To Expect Next

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The Bitcoin price has suffered a significant crash, falling from above the psychological $70,000 this week. Crypto pundit Nobler cited why the leading crypto was crashing, while analyst Chiefy revealed what to expect next from BTC.  Why The Bitcoin Price Is Crashing In an X post, Nobler revealed that the USDT issuer Tether was liquidating some of its BTC holdings, which was contributing to the Bitcoin price crash. He noted that this was the first time they had sold directly from their BTC reserve wallet. The pundit added that things…

Bitcoin Price Crash to $65K Sparks $1.8B Crypto Liquidation Bloodbath

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Bitcoin (BTC) has dropped 8% to a nine-week low of $65,360 from Tuesday’s high of $71,300 amid increasing geopolitical risks surrounding the US-Iran war. Key takeaways: Bitcoin slipped to $65,000 on Wednesday in a market-wide correction, liquidating $774 million in longs. Traders say Bitcoin needs to hold $60,000 as support to avoid a deeper correction in BTC price. Bitcoin wipes out longs in tumble to $65,000 Data from TradingView showed new BTC price lows of $65,362 on Bitstamp, the lowest since March 29 as sellers stayed in control. BTC/USD daily…

Bitcoin price risks slide to $60K as Iran retaliates against U.S. strikes

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Bitcoin price is testing the key $65,000 support zone after Iran’s retaliatory strikes against the U.S. spooked investors, with charts suggesting a deeper slide toward $60,000 if bears remain in control. Summary Bitcoin price fell 4.5% to an intraday low of $65,700 as Iran’s retaliatory strikes against the U.S. intensified risk-off sentiment across crypto markets. U.S. spot Bitcoin ETFs recorded $519 million in outflows, extending the streak to 12 straight trading days. Bitcoin is nearing completion of a bearish rounding top pattern, with analysts warning that a break below $65,000…

XRP Price Tumbles Under $1.22 As Market Sentiment Turns Sour

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Gets Crushed To $1,840 Amid Relentless Selling Pressure

Ethereum price started a fresh decline and traded below $1,950. ETH is now consolidating below $1,920 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,950. The price is trading below $1,950 and the 100-hourly Simple Moving Average. There was a break below a contracting triangle with support at $1,975 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,000 zone. Ethereum Price Extends Decline Ethereum price failed to…

Bitcoin Price In Freefall As Panic Sweeps Through The Market

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Bitcoin price started a fresh decline below the $70,000 zone. BTC is consolidating and might continue to move down if it dips below $66,000. Bitcoin failed to stay above $70,500 and extended losses. The price is trading below $70,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance near $68,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $67,500 and $68,500 levels. Bitcoin Price Nosedives Bitcoin price failed to…

This Dogecoin Setup Pushed Price From $0.002 To $0.7 In 2021. Why It Could Push Price To $2 This Time

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A crypto analyst has presented a new bull case for Dogecoin (DOGE), sharing a long-term chart setup that he says mirrors the same pattern that led to the meme coin’s explosive rally in 2021. He also pointed to repeating sentiment shifts across market stages, where traders often doubt early moves before chasing prices at higher levels. Dogecoin Forecasted To Hit $2 Soon Market analyst Crypto Patel shared a new Dogecoin chart setup on X, projecting a potential rally toward $2 in this cycle. He based his bullish view on historical…

Bitcoin Keeps Selling Off as BTC Price Dives Below $67,000

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Bitcoin (BTC) losses passed 6% after Wednesday’s Wall Street open as a cascade of liquidations gathered pace. Key points: Bitcoin falls below $67,000 for the first time since the first week of April as losses pile on. Liquidations hit $1.25 billion over 24 hours as analysis sees the mid-$50,000 range returning. BTC/USD appears to repeat a bear flag breakdown from earlier in the year. BTC price dives to $66,950 in liquidation cascade Data from TradingView showed BTC/USD dropping as low as $66,948 on Bitstamp. BTC/USD one-hour chart. Source: Cointelegraph/TradingView That…

Analyst Reveals Why Bitcoin Price Must Crash To $42,000 First

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Bitcoin’s latest price action has given bearish analysts more reason to argue that the cryptocurrency is still moving through a deeper correction. Bitcoin has fallen back to $70,000, and selling pressure is building after another failed attempt to hold higher levels. Crypto analyst Crypto Lens has warned that Bitcoin may still need one final move lower to $42,000 before a new bull run back to new all-time highs above $126,000 can begin. Bitcoin Is Still Inside A Bull Trap Technical analysis of Bitcoin’s price action is predicting a bearish outlook…