tldr; Bitcoin, Ethereum, and XRP experienced a sharp decline, with Bitcoin falling below $70,000 amid a $1.5 billion liquidation wave. Analysts highlighted key support levels, including Bitcoin’s 200-week exponential moving average, which has historically provided long-term support. Concerns were raised about potential further declines, with some predicting a drop to $35,000 if the $63,000–$67,000 range fails to hold. Heavy liquidity between $72,000 and $78,000 suggests potential recovery if prices stabilize.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Eurothrift on
And banks still making 9$ for every 1$ they actually have entrusted to them.
jup1t3rr on
I love how they use the word liquidation to cause panic to make us more rich
4 Comments
Just another tuesday… nah nevermind.
tldr; Bitcoin, Ethereum, and XRP experienced a sharp decline, with Bitcoin falling below $70,000 amid a $1.5 billion liquidation wave. Analysts highlighted key support levels, including Bitcoin’s 200-week exponential moving average, which has historically provided long-term support. Concerns were raised about potential further declines, with some predicting a drop to $35,000 if the $63,000–$67,000 range fails to hold. Heavy liquidity between $72,000 and $78,000 suggests potential recovery if prices stabilize.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
And banks still making 9$ for every 1$ they actually have entrusted to them.
I love how they use the word liquidation to cause panic to make us more rich