Crypto Market Faced $1 Billion Liquidation: Experts Share Insights on What Comes Next
📉
On Monday, the crypto market saw over $1 billion in liquidations, pushing the fear and greed index into extreme fear. Bitcoin's price briefly dropped to $49,000, leading to panic but later rebounding to nearly $57,000. Analysts advise caution as new capital inflows are absent, making the market a zero-sum game among traders.
Markus Thielen from 10X Research highlights that the sell-off reduced leverage significantly. CryptoQuant's report shows the MVRV ratio below its 365-day moving average, indicating potential for further decline or a bear market. Eugene Ng Ah Sio stresses tight risk controls.
Contrary to the general fear, Raoul Pal is optimistic, citing historical patterns of recovery following significant corrections. Ki Young Ju, CEO of CryptoQuant, notes significant Bitcoin accumulation by long-term holders, hinting at possible future institutional announcements that could impact the market.
Source: beincrypto.com ↗
Similar articles (49)
Bitcoin Price Prediction as Crash Below $50,000 Wipes Out $1 Billion in Leveraged Longs
Bitcoin price eyes 'relief rally' to $61K after downside liquidation wipeout
Bitcoin Newcomers Face 93% Unrealized Losses Echoing FTX Collapse
Bitcoin (BTC) loses $6,000 in 48 hours - high volatility continues
Bitcoin Dump Liquidates $1,000,000,000 As BTC Investors Join New Cryptocurrency
Crypto Liquidations Cross $1 Billion As Bitcoin Crashes To $51,000
$170 Million In Crypto Longs Bite The Dust As Bitcoin Plunges Under $57,000
Bitcoin Price Plunge Triggers Largest Long Position Liquidation In Months
Crypto Carnage: Longs Suffer $293 Million Wipeout As Bitcoin Crashes To $59,000
Bitcoin (BTC): Here’s How To Profit During BTC Price Dump, 1 Billion Liquidated In BTC Crash
Bitcoin Faces Potential Liquidation Risks
Crypto Traders See $160 Million In Liquidations As Bitcoin Falls Below $58K
Bitcoin Smashes $59,800 as $212M in Liquidations Rattle Traders
Bitcoin Liquidations Surge With S&P 500 Fall, 75% Crash Likely?
Bitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations
Crypto Sell-Off Leads to $100 Million Liquidation
Crypto Market Chaos: $93M Liquidated in 4 Hours as Bitcoin Crashes Below $54K
Cryptocurrency market: today prices are down and strong liquidations
Crypto Carnage: $1.15B in Leveraged Positions Annihilated as Bitcoin Nosedives
Bitcoin Drops 6%, Crypto Liquidations Hit $314M, What’s Next for Market?
Sudden Drop In Cryptocurrencies Trigger $313 Million Liquidations, BTC Drops To $58K
Two Levels in Bitcoin Are Critical: Cumulative Liquidations Could Go As High As $665 Million
Exposed: The Real Impact of Crypto Liquidations
Crypto Market Crash Amid $300M Liquidation Surge and OI Crash
Crypto Market Crash: Over $161 Million Liquidated as Bitcoin Price Dips Further
Bitcoin Sees Significant Price Plunge
Why are crypto markets crashing? Liquidations hit $1B in 24 hours!
Bitcoin subject to massive short liquidations: What happens now?
Bitcoin’s $60,000 breach triggers $48M in short liquidations – More to come?
Two Levels Are Critical in Bitcoin: Half a Billion Dollars in Loss Possible!
Is Bitcoin Price Correction Over After $300M Liquidations & Worrying US Jobs Data?
Bitcoin Faces Major Liquidation Risk
Bitcoin Drops Below $53K, $600M Liquidated – Perfect Time to Recharge Your Portfolio with Discounted Cryptos
Market Speculators Face Intense Pressure as Bitcoin Liquidations Reach $365 Million
Bitcoin Faces Potential Liquidation Risk at Key Price Levels
Bitcoin’s Price Movements Impact the Market Significantly
Bitcoin Price Plummets Amid Crypto Market Crash and $320 Million Liquidation
Bitcoin Price Plunge Below $60,000: Market Liquidations and Volatility Ahead
Bitcoin’s Looming $60K Barrier Set to Ignite Massive Market Volatility
Bitcoin Price Plummets to $59K Amid $130M Liquidations, Market Turns Red
Bitcoin Faces Potential 75% Crash as Market Liquidations Surge Amid Wall Street Turmoil
Bitcoin Price Crashes Below $57K Amidst $200M+ Liquidations, Stock Market Soars
Bitcoin Faces Record-Breaking Long Position Liquidation Amid Market Turbulence
Bitcoin (BTC) Leads $1 Billion Crypto Liquidation as Market Chaos Unfolds
Bitcoin Price Crashes Below $50,000 Amid $1B Market Liquidation
Bitcoin Sees $45 Million in Liquidations Amid Market Volatility and Potential Bullish Trends
Bitcoin Faces Steep Decline: Liquidation Volume Peaks as Price Nears $50,000
Bitcoin’s Staggering Drop Triggers $1 Billion Liquidation as Crypto Market Crashes
Bitcoin Price Movements: $56K Triggering $487M Long Liquidations, $60K Leading to $526M Short Liquidations
