Bitcoin due 'massive short squeeze' as BTC dominance bounces to 62%
9 Articles
9 Articles
Bitcoin Dominance Tests Key Trendline as BTC Price Holds Above $115,500
Bitcoin dominance is testing a two-year ascending trendline, risking a potential 17% decline if it breaks. BTC price is at $115,511 with a 7-day decline of 4.3%, trading between $115,259 and $119,415. Key dominance support zones lie near 54% and 51%, which may trigger increased volatility in altcoin markets. The Bitcoin dominance chart is currently testing a significant ascending trendline that has held for nearly two years. This trendline repre…
Monster $15 billion Bitcoin short squeeze alert
It appears that a surge in upside liquidity suggests that Bitcoin (BTC) could be gearing up for another short squeeze. While the cryptocurrency is trading at over $116,738, nearly $15 billion in leveraged short positions on exchanges like Binance, Bybit, and OKX is now exposed heading into the weekend, according to the latest data from CoinGlass retrieved on July 25. The liquidation heatmap also reveals a dense buildup of potential buybacks tha…
Since several sessions, the bitcoin market has shown signs of increasing tension. An unusual accumulation of liquidity above the price and a rapid rise in its dominance revive speculation. In the shadow of graphics, short sellers and buyers on the lookout are engaged in a tactical duel. For several technical analysts, the setting is planted: a massive squeeze short now seems inevitable. The Bitcoin could suffer massive compression of short posit…
Bitcoin Surges: Short Squeeze Fuels BTC Dominance To 62% - Data Intelligence
Bitcoin Surges: Short Squeeze Fuels BTC Dominance to 62% In the ever-volatile landscape of cryptocurrency, a recent surge in Bitcoin’s price has captured the attention of investors and analysts alike. This spike is largely attributed to a short squeeze phenomenon that has propelled Bitcoin’s dominance to a staggering 62% in the overall crypto market, solidifying its status as the leading digital asset. Understanding the Surge Bitcoin (BTC), ofte…
Altcoin Surge at Risk as Bitcoin Dominance Flashes a Critical Warning Sign
The post Altcoin Surge at Risk as Bitcoin Dominance Flashes a Critical Warning Sign appeared first on Coinworldstory. Altcoins face rising pressure as Bitcoin dominance nears a key level, signaling a possible market shift and short-term volatility across major tokens. The post Altcoin Surge at Risk as Bitcoin Dominance Flashes a Critical Warning Sign appeared first on Coinworldstory.
Bitcoin Price Breakout Threatens Altseason as Dominance Surges
Key Insights: Bitcoin Price breakout above $120K could trigger the next bullish phase. Bitcoin’s dominance exceeds 60%, signaling a shift away from altcoins. Market sentiment grows as Bitcoin strengthens, threatening altseason. Bitcoin price recent breakout and surge in dominance could be signaling the end of altcoin season, with increasing capital flowing into Bitcoin. Altcoins have been finding it hard to hold their value as the dominance of …
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