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John Bitt
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JUST IN: Over $100,000,000 in
Bitcoin
$BTC shorts have been liquidated in the last hour
#BTC
$BTC
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BTC
118,866.78
-1.50%
ETH
4,264.87
-1.37%
CRV
0.9234
-6.95%
8
0
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Bitcoin has a smooth path for growth in the short term toward the resistance zone of 124,500 to 126,100. Bitcoin also has two support zones where we can join the upward trend at either of these levels: First zone: 118,000 to 119,500 Second zone: 116,200 to 117,000 As long as Bitcoin does not lose the 113,500 level, its trend remains bullish. Altcoinseason
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🔥 BULLISH: Ethereum has hit $4,350, surpassing Netflix and Mastercard in market capitalization.
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With unrealized profits already reaching overheated territory, it is reasonable to expect short-term holders to begin spending coins in profit at an accelerated pace. These events can be identified when the Percent of Spent Volume in Profit by short-term holders rises above the 1 standard deviation band. This is a pattern which has historically preceded demand-side exhaustion. So far, we have experienced the first major wave of high-volume profit taking since the peak in late 2024.
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JUST IN 🚨 India says it will no longer buy weapons from US
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$14B in Bitcoin shorts set to be wiped out once BTC hits $125K 💥 Let’s go 🚀
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