Bitcoin ready to ‘vaporize’ shorts once price discovery above $110K begins
Key takeaways: An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace. Over $3 billion in Bitcoin short positions are vulnerable above $107,000, creating a “liquidation magnet” that could send BTC price to new highs. Bitcoin (BTC) is 11 days from potentially […]
Why is Ethereum (ETH) price up today?
Key takeaways: Ether’s price rose over 5% to $2,520 on May 20, mirroring similar upward moves across the wider cryptocurrency market. Ethereum’s record open interest, rising funding rates and a significant short squeeze fuel the rally. A classic recovery pattern suggests a potential 92% rally toward $4,800 as ETH holds key support. Ether (ETH) price […]
Bitcoin is signaling a golden cross — What does it mean for BTC price?
Key takeaways: Bitcoin is nearing a golden cross that has led to 45%–60% price rallies in the recent past. Fundamentals like rising M2 supply and easing trade tensions support a bullish outlook. Bearish divergence and overbought conditions show there’s still a risk of BTC falling below $100,000. Bitcoin (BTC) will likely confirm a “golden cross” […]