Bitcoin

<ul><li>Bitcoin&#39;s sharp dip creates a $30M liquidation pool at $63,800, signaling high trader leverage.</li><li>TD Sequential suggests a potential Bitcoin rebound; support at $63,900 crucial for price recovery.</li><li>With RSI neutral at 52.39 and MACD showing bullish momentum, Bitcoin&#39;s near-term outlook is mixed.</li></ul><a href="https://cryptotale.org/bitcoin-faces-market-pressure-amid-mt-gox-distribution-key-levels-to-watch/" rel="noopener noreferrer nofollow">Bitcoin</a> is experiencing a period of high volatility as traders leverage positions amid a price dip. As highlighted by <a href="https://x.com/ali_charts/status/1816293260022649179" rel="noopener noreferrer nofollow">Ali Martinez</a>, a top analyst, this activity has created a $30 million liquidation pool, with the price sitting at $63,800.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe53Tdtccf0vLRbzSIQA11I-rmOROpxkolWXL-ZCSw7vo5JcSDLu_5GC036MkJRIFImtJ_0DorJxmpuG8N38DKS88wA3c110S-NssjXLdtly62mLg8E_901QPObNjJA26VdWVsuHtBw_OKOQwE2kixsEUdP?key&#61;LFl3Z5j6T7lY5-xi6L19BQ" />Further noted by <a href="https://x.com/ali_charts/status/1816306835223162898" rel="noopener noreferrer nofollow">Ali Martinez</a>, the TD Sequential indicator is signaling a potential buy opportunity on the hourly Bitcoin chart, suggesting that a rebound might be on the horizon. The Bitcoin price chart against Tether on the 1-hour timeframe has shown notable trends and key levels.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfpGM12ECUgP21pk2Az2dL9ewbvRmFZc_ZGAnaXfC83L1eW4SeRKM_TIN98RmxOw7KBzcHVplr1NPJVT5dwVwj8uKnz9t0pO3Ret4bZAc_niB1D1Yo1CRAH_WlgT47cvyFGZEYhc6wf5WSXpc3F-xzVgcFX?key&#61;LFl3Z5j6T7lY5-xi6L19BQ" />The current trend is characterized by a sharp decline, highlighted by a large red candlestick, which suggests strong bearish sentiment. This downward movement has placed Bitcoin below its moving average, which is also trending downward, reinforcing the bearish outlook.<a href="https://cryptotale.org/btc-dips-to-63-8k-will-the-30m-liquidation-pool-trigger-a-rebound/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

BTC Dips to $63.8K: Will the $30M Liquidation Pool Trigger a Rebound?

CryptoTale

Інші статті, опубліковані 26 лип. 2024 р.

Australia’s Big Banks Block Crypto Payments Amid Rising Crypto Popularity

Companies Embrace Bitcoin to Revitalize Their Finances

Polkadot and ONDO Bleed As Raboo Celebrates $2M Presale Achievement

Ethereum (ETH) may remain under pressure on Grayscale selling

Hot丨Spot ETFs have been online for 24 hours, has it reached your expectations?

Ripple’s XRP Shows Potential for Significant Growth

Приєднуйтеся до нашої безкоштовної розсилки для отримання щоденних оновлень щодо крипто!