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wipeout

11

Analysts say Bitcoin’s open interest wipeout ‘will give way to further upside’

Bitcoin’s drop to $42,000 obliterated its open interest and liquidated a large swath of leveraged traders, but analysts say OI resets typically provide great buying opportunities. The weekend is upon...
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11

Bitcoin Hovers Below $50k After Weekend Wipeout – Crypto Roundup, Dec 6, 2021

Ethereum shows strength as MATIC rises 7%  Global market jitters spread to crypto at the weekend, with Bitcoin falling to $42K before bouncing to almost $50K. Markets are digesting multiple...
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11

Bitcoin could ‘consolidate until 2022’ after mass wipeout sends BTC price to $41K

$2.5 billion liquidated across cryptocurrency in a mass rout which sends Bitcoin price action back to the end of September. Bitcoin (BTC) traded near $47,000 on Dec. 4 after a...
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11

Leverage Wipeout? Why Bitcoin Could Re-Test Low Levels

Bitcoin has chosen violence with a sudden move to the downside resulting in a 5% loss in the daily chart. As of press time, the first crypto by market cap...
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11

‘Who was selling? Not HODLers’ — New data hints at Bitcoin crash ‘culprit’ amid leverage wipe-out

A classic dichotomy between hodlers and leveraged traders sets this week’s Bitcoin price dip apart from the coronavirus crash of March 2020. Bitcoin (BTC) crashed by $9,000 in hours on...
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