Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Is Bitcoin price on its way to $ 137K? Markt -Expert says that BTC broke out since November 2024

2025-05-10

Web3 As we know, it is not the solution for users’ empowerment – it actually made it worse

2025-05-10

JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

2025-05-10
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    China’s Beijing unveils 2-year DLT Development Action Plan

    2025-05-10

    Nexera and Pinkchain unite to Tokenize € 1.1 billion real estate pipeline with Shariah-compliant products

    2025-05-10

    Mint Blockchain integrates Chainlink CCIP to feed cross-chain connectivity

    2025-05-10

    ‘Nasdaq on Solana’ vision sees progress with opening bell launch

    2025-05-10

    Nexus launches an AI lab for safe and verifiable artificial inteligence

    2025-05-10
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

    2025-05-10

    Partially completed Wave 5 says there is still room to run

    2025-05-10

    Wells Fargo increases the price target for a company of billion dollars, the shares of the company’s prognoses will increase by 52%: report

    2025-05-10

    Ethereum – Price explodes beyond $ 2,200 with a 25% increase – Momentum builds up quickly

    2025-05-10

    Arthur Hayes says that the crypto-bullmarkt is ready to continue, Bitcoin Path sketches to seven-digit price

    2025-05-10
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Bitcoin’s Increasing Liquidations: What It Means for BTC
Altcoins

Bitcoin’s Increasing Liquidations: What It Means for BTC

2024-10-20No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email
  • Bitcoin Futures’ order book remains loose.
  • Bybit moves $3.3 billion worth of BTC to a new wallet.

Bitcoin’s price action [BTC] creates a dynamic environment as the futures order book remains loose.

Recent data from the Bitcoin liquidation heatmap showed increased activity, indicating possible liquidations that could cause price movements.

This creates a playground for big players to influence price movements in the zone between $67.5K and $69.5K, indicating volatility.

With Futures positions in these zones competing with each other, the price of Bitcoin can move up or down quickly with relatively small amounts of capital.

BTCBTC

Source: Coinglass

A key support level at $63K could be tested if Bitcoin fails to hold above its key Fibonacci retracement level. However, long-term holders can find reassurance in the strong support of the 180- and 120-day moving averages.

Now that nearly 49,000 BTC has been moved from Bybit’s cold storage to a new wallet, some investors are paying close attention to these important transfers.

Such large-scale transactions could signal market shifts, and the Bybit team’s internal asset movements should be carefully monitored, especially if liquidations are on the cards.

Source: Arkham

BTC local top and sentiment

In terms of price predictions, Bitcoin is approaching the $70,000 resistance, with CME Futures slightly above current prices.

Market participants are watching closely to see whether BTC can break through this resistance or face rejection.

Bulls will have to defend the USD 68,000 support level as maintaining this price is crucial to avoid a bigger decline.

Historically, traders have tended to make money when unrealized profits rise sharply, as they are now (over $7 billion), which could increase selling pressure and cause a local top before another decline.

BitcoinBitcoin

Source: CryptoQuant

Moreover, sentiment around Bitcoin has become more positive after a period of pessimism. There has been a noticeable shift towards bullish sentiment on social media.

See also  Trump and Solana Hit Resistance, as FxGuys ($FXG) Prepares for a 50x Market Surge

Buying during fear and selling during euphoria has historically been profitable for traders. This trend increases the confidence of those looking to take advantage of the current market dynamics.


Read Bitcoin’s [BTC] Price forecast 2024–2025


As Bitcoin moves through its swing price range and key resistance levels, traders should remain alert to shifts. The coming weeks are likely to see volatility, with major players influencing the market through strategic trades.

The key question is whether Bitcoin will break higher or undergo a short-term correction before its next rally. Price swings are expected within the two main liquidation zones, creating opportunities for both futures and spot traders.

Next: Crypto Fear and Greed Index Reaches 73: Overheated Market?

Source link

Bitcoins BTC Increasing liquidations means
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Is Bitcoin price on its way to $ 137K? Markt -Expert says that BTC broke out since November 2024

2025-05-10

Ethereum rises 32% when $ 60 million leaves ETFs – is ETH’s identity crisis over?

2025-05-10

Best crypto to buy now as UFC legend Conor McGregor calls for a Bitcoin strategic reserve in Ireland

2025-05-10

Artificial Superintelligence Alliance breaks its downward trend: Can Fet be passing by $ 1?

2025-05-10
Add A Comment

Comments are closed.

Top Posts

Crypto hacks will cross $2 billion in 2024, with losses of $85.5 million in November

2024-12-01

Bitcoin is seeing demand rise in Britain while the British pound is struggling

2023-09-28

Neo Joins Web3 KYC Alliance and Aims to Use Blockchain to Ensure KYC Compliance

2024-01-24
Editors Picks

-79% since the start of the year

2023-08-12

What is Milady? The Edgy Ethereum NFT community with the support of Vitalik Buterin

2025-03-16

Bored monkeys just got dethroned

2024-02-19

Shockwave ahead? Ethereum could crash by more than 60%: analyst

2024-11-02
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Is Bitcoin price on its way to $ 137K? Markt -Expert says that BTC broke out since November 2024

Web3 As we know, it is not the solution for users’ empowerment – it actually made it worse

JPMorgan Chase warns US shares ‘Not a good place to verbat’ as billionaire Paul Tudor Jones Braces for fresh market Lows

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,824.361.80%
  • ethereumEthereum(ETH)$2,580.1010.03%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.475.19%
  • binancecoinBNB(BNB)$661.47-0.13%
  • solanaSolana(SOL)$177.682.66%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.24725420.68%
  • cardanoCardano(ADA)$0.847.92%
  • tronTRON(TRX)$0.2651711.84%
  • suiSui(SUI)$4.094.17%
  • chainlinkChainlink(LINK)$17.358.45%
  • avalanche-2Avalanche(AVAX)$25.8011.18%
  • stellarStellar(XLM)$0.3185957.86%
  • shiba-inuShiba Inu(SHIB)$0.0000179.95%
  • hedera-hashgraphHedera(HBAR)$0.2186438.00%
  • hyperliquidHyperliquid(HYPE)$25.994.34%
  • the-open-networkToncoin(TON)$3.486.70%
  • bitcoin-cashBitcoin Cash(BCH)$430.615.30%
  • polkadotPolkadot(DOT)$5.239.08%
  • litecoinLitecoin(LTC)$105.054.54%
  • unus-sed-leoUNUS SED LEO(LEO)$8.30-5.05%
  • moneroMonero(XMR)$324.232.95%
  • bitget-tokenBitget Token(BGB)$4.9612.12%
  • pepePepe(PEPE)$0.00001412.13%
  • piPi(PI)$0.786.00%
  • daiDai(DAI)$1.00-0.02%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$7.1412.32%
  • bittensorBittensor(TAO)$465.898.35%
  • nearNEAR Protocol(NEAR)$3.3114.34%
  • aptosAptos(APT)$6.048.70%
  • ondo-financeOndo(ONDO)$1.109.15%
  • aaveAave(AAVE)$228.538.23%
  • okbOKB(OKB)$55.692.38%
  • ethereum-classicEthereum Classic(ETC)$20.587.32%
  • internet-computerInternet Computer(ICP)$5.847.37%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.783.91%
  • kaspaKaspa(KAS)$0.1096795.33%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2736418.91%
  • render-tokenRender(RENDER)$5.5010.50%
  • crypto-com-chainCronos(CRO)$0.1043833.33%
  • vechainVeChain(VET)$0.0321017.24%
  • gatechain-tokenGateToken(GT)$22.351.06%
  • mantleMantle(MNT)$0.793.53%
  • ethenaEthena(ENA)$0.41758313.70%
  • arbitrumArbitrum(ARB)$0.48334928.36%
  • algorandAlgorand(ALGO)$0.2516768.19%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.909.04%
  • filecoinFilecoin(FIL)$3.247.36%
  • bitcoinBitcoin(BTC)$104,824.361.80%
  • ethereumEthereum(ETH)$2,580.1010.03%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.475.19%
  • binancecoinBNB(BNB)$661.47-0.13%
  • solanaSolana(SOL)$177.682.66%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.24725420.68%
  • cardanoCardano(ADA)$0.847.92%
  • tronTRON(TRX)$0.2651711.84%
  • suiSui(SUI)$4.094.17%
  • chainlinkChainlink(LINK)$17.358.45%
  • avalanche-2Avalanche(AVAX)$25.8011.18%
  • stellarStellar(XLM)$0.3185957.86%
  • shiba-inuShiba Inu(SHIB)$0.0000179.95%
  • hedera-hashgraphHedera(HBAR)$0.2186438.00%
  • hyperliquidHyperliquid(HYPE)$25.994.34%
  • the-open-networkToncoin(TON)$3.486.70%
  • bitcoin-cashBitcoin Cash(BCH)$430.615.30%
  • polkadotPolkadot(DOT)$5.239.08%
  • litecoinLitecoin(LTC)$105.054.54%
  • unus-sed-leoUNUS SED LEO(LEO)$8.30-5.05%
  • moneroMonero(XMR)$324.232.95%
  • bitget-tokenBitget Token(BGB)$4.9612.12%
  • pepePepe(PEPE)$0.00001412.13%
  • piPi(PI)$0.786.00%
  • daiDai(DAI)$1.00-0.02%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$7.1412.32%
  • bittensorBittensor(TAO)$465.898.35%
  • nearNEAR Protocol(NEAR)$3.3114.34%
  • aptosAptos(APT)$6.048.70%
  • ondo-financeOndo(ONDO)$1.109.15%
  • aaveAave(AAVE)$228.538.23%
  • okbOKB(OKB)$55.692.38%
  • ethereum-classicEthereum Classic(ETC)$20.587.32%
  • internet-computerInternet Computer(ICP)$5.847.37%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.783.91%
  • kaspaKaspa(KAS)$0.1096795.33%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2736418.91%
  • render-tokenRender(RENDER)$5.5010.50%
  • crypto-com-chainCronos(CRO)$0.1043833.33%
  • vechainVeChain(VET)$0.0321017.24%
  • gatechain-tokenGateToken(GT)$22.351.06%
  • mantleMantle(MNT)$0.793.53%
  • ethenaEthena(ENA)$0.41758313.70%
  • arbitrumArbitrum(ARB)$0.48334928.36%
  • algorandAlgorand(ALGO)$0.2516768.19%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.909.04%
  • filecoinFilecoin(FIL)$3.247.36%