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Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021 – Market Updates Bitcoin News

The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest ratio

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Bitcoin price approaches key support levels to avoid ‘cascade south’

Bitcoin (BTC) clung to $29,000 at the May 27 Wall Street open as crucial support levels lay just hundreds of dollars from spot price.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewTrader demands higher low above $28,000Data from Cointelegraph Markets Pro and TradingView confirmed volatility once again waning in a frustrating week's price

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Bitcoin’s Next Move Could Create a Liquidation Cascade Like “Dominoes Falling”

Bitcoin has been caught within an unrelenting trading range since the start of May. This range has primarily been established between $9,000 and $10,000, although the crypto has broken through both of these levels on a few brief occasions. Because bouts of volatility this low are typically followed by massive movements, it

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