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Was Last Week’s Deleveraging Event a Necessary Reset for The Bitcoin Market? Glassnode Weighs In

Friday, October 10, was one of the most memorable days in crypto history. The market witnessed its largest liquidation event amid trade tensions between the U.S and China. This incident…

Continue ReadingWas Last Week’s Deleveraging Event a Necessary Reset for The Bitcoin Market? Glassnode Weighs In

Bitcoin Price Analysis: Is BTC Out of the Woods Completely After Recent Meltdown?

Bitcoin’s recent decline has transitioned into a consolidation phase, with the price oscillating between two well-defined ranges. The broader structure suggests that the market is cooling after the sharp post-rally…

Continue ReadingBitcoin Price Analysis: Is BTC Out of the Woods Completely After Recent Meltdown?

Bitcoin’s MVRV Ratio Hints at Another Major Rally, Analysts Say Market Still Far from Euphoria

A sudden flash crash on Friday sent cryptocurrency prices tumbling and wiped out billions in market value. Prices have rebounded since. Despite the sudden sell-off and the subsequent quick recovery,…

Continue ReadingBitcoin’s MVRV Ratio Hints at Another Major Rally, Analysts Say Market Still Far from Euphoria

1.6M Traders Liquidated in Record Cascade, Analyst Calls It a ‘Perfectly Executed’ Trade

Bitcoin and altcoins experienced the largest-ever liquidation cascade this past week, which has now reshaped positions across retail and institutional traders alike. Over 1.6 million leveraged traders were wrecked during…

Continue Reading1.6M Traders Liquidated in Record Cascade, Analyst Calls It a ‘Perfectly Executed’ Trade