ChainCatcher message, according to Gate market data, BTC/USDT is currently quoted at $78,002.1, with a 24-hour decline of 6.82%.
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Analyst says Bitcoin could consolidate between $57K and $87K before the next major move.
The analyst compared the current pattern to the 2022 cycle, when Bitcoin fell 52% before another drop.
Doctor Profit expects the final bear-market bottom for Bitcoin near $44K–$50K later this year.
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CryptoFrontNews12m ago
Bitcoin Retreats to $66K After Hitting $74K As Oil Shortage Trembles Market Amid Middle East Conf...
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BlockChainReporter18m ago
Starcloud Targets Bitcoin Mining From Space With New Orbital Data Center Launch
Starcloud plans to start Bitcoin mining in space using solar powered orbital data centers and low cost ASIC miners.
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CryptoNewsLand41m ago
In the past 24 hours, the total liquidation amount across the entire network reached $314 million, with nearly 60% of the liquidations coming from long positions.
Gate News reports that on March 9, according to CoinAnk data, the total liquidation across the entire network in the past 24 hours was $314 million, with long positions liquidated at $188 million and short positions at $127 million. By individual cryptocurrency, Bitcoin liquidation was approximately $112 million, and Ethereum liquidation was about $50.51 million. Notably, the on-chain synthetic oil asset XYZ:CL ranked third in liquidation amount, approximately $55.36 million.
GateNews1h ago