Bitcoin could undergo a massive compression of short positions

Nevertheless,

Bitcoin could undergo massive compression new: Moreover,

Bitcoin could undergo massive compression:

8h00 ▪ 5 min in reading ▪ By Luc Jose A.

For several sessions, the Bitcoin market has shown signs of increasing tension. Similarly, An unusual accumulation of liquidity above the price and a rapid rise in its dominance revives speculation. Moreover, In the shadow of the graphics, exposed sellers and buyers on the lookout are a tactical duel. Similarly, For several technical analysts, the decor is planted: a massive squeeze shorts now seems inevitable.

In short

• The Bitcoin market shows increasingly tense technical signs. For example, with an accumulation of liquidity above the price.
• Several bitcoin could undergo massive compression new analysts believe that a massive squeeze shorts could occur, taken in noise between the key levels of $ 115,000 and $ 120,000.
• In parallel, the dominance of Bitcoin exceeds 62 %, confirming a return in force of the asset to altcoins.
• If a squeeze is triggered. Similarly, it could lead to a new phase of market consolidation around Bitcoin, to the detriment of altcoins.

Tensions on the order notebooks: the trap closes on the sellers

The Bitcoin market shows. Moreover, technical signals that provide information bitcoin could undergo massive compression on a brutal bullish reversal potential. Therefore, while the momentum of altcoins is accelerating. Therefore, Indeed. For example. Meanwhile, the BTC/USD fell to $ 117,200 on Bitstamp, erasing in passing a significant portion of the liquidity of purchase positioned under the price.

This punctual withdrawal is interpreted by several analysts as a maneuver aimed at trapping bitcoin could undergo massive compression new long positions. Nevertheless, before a possible bullish recovery. Consequently, Now. However. For example, market attention is moving to the upper area of the order book, where an accumulation of open sellers could precipitate Squeeze shorts if the price was on the rise.

« Bitcoin liquidity accumulates on the upper levels. Nevertheless, A massive squeeze shorts is inevitable! », Alerted Mister Crypto to the social network X. Moreover, He highlights the intensification of tensions around the current price.

The data from the Corglass platform bitcoin could undergo massive compression confirm. the presence of several « clusters »liquidity located above the Price spot. which mechanically increases the probability of a rapid upward impulse.

Traders scrutinize in particular two critical technical zones identified by Daan Crypto Trades: “Keep an eye on these liquidity. pockets located under $ bitcoin could undergo massive compression new 115. 000 and $ 120,000». The latter specifies that “There are now many positions on both sides of the market». He notes the growing instability of the current structure.

The most important technical elements at this stage are as follows:

• The lower key level: $ 115. 000. identified as a potential support or a volatility trigger if crossed;

• A critical level upwards: $ 120,000, a possible breakdown to activate the stops of the shorts and trigger a squeeze;

• The accumulation of liquidity above the price: a visible phenomenon on the quince Heatmaps, generally precursor bitcoin could undergo massive compression of sudden movements;

• A convergence of analyzes: several traders with a strong audience believe that the market is technically ripe for a compression of the selling positions.

In this tense context. the slightest upward impulse bitcoin could undergo massive compression new could cause a cascade of redemptions forced by open sellers, even more destabilizing the current balance.

Bitcoin could undergo massive compression new

Bitcoin could undergo massive compression

Bitcoin takes control: dominance as an advanced indicator

Beyond. the purely technical analysis. another dynamic, more structural this time, draws attention: the progression of the dominance of bitcoin within the crypto market. In addition 0.5 % over the day, it crossed the threshold of the 62 %, which signals a return in force of the BTC against altcoins.

This change is part of a context of capital rotation. where investors seem to favor prudence and assets perceived as more robust. Trader. analyst Rekt Capital underlined this situation. said that “The bitcoin could undergo massive compression Altcoin market reacts as if Bitcoin had come out from the bottom of its range. But, this is not the case». In addition. he adds that the BTC is bitcoin could undergo massive compression new actually “Retest the lower top and the bottom of the range as supports».

In other words. while altcoins seem to anticipate a downward rupture of bitcoin, the latter maintains an intact, even favorable technical structure. This divergence of behavior between the BTC and the rest of the market reflects a hierarchy that is strengthened.

Bitcoin, as a reference actor, again attracts capital in a period when uncertainty remains high. This rise in domination could also translate a form of refocusing of operators on the fundamentals. to the detriment of assets to higher volatility or speculative narrative.

This internal rebalancing at the Crypto market is not trivial. It could mark the return of a more bitcoin could undergo massive compression traditional cycle where Bitcoin leads the dance. in particular with the approach of major macroeconomic or regulatory catalysts. If the expected squeeze were bitcoin could undergo massive compression new to occur in this context of revival of dominance. the effect could be amplified, which could block altcoins.

Maximize your Cointribne experience with our ‘Read to Earn’ program! For each article you read, earn points and access exclusive rewards. Sign up now and start accumulating advantages.

Luc Jose A.

A graduate of Sciences PO Toulouse. holder of a Blockchain bitcoin could undergo massive compression consultant certification issued by Alyra, bitcoin could undergo massive compression new I joined the Cointribuna adventure in 2019. Convinced of the potential of blockchain to transform many sectors of the economy. I made the commitment to raise awareness and inform the general public about this constantly evolving ecosystem. My goal is to allow everyone to better understand the blockchain and to seize the opportunities they offer. I strive every day to provide an objective analysis of the news. to decipher market trends. to relay the latest technological innovations and to put into perspective the economic and societal issues of this revolution in progress.

function launch_facebook_pixel() { !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window,document,’script’, ‘https://connect.facebook.net/en_US/fbevents.js’); fbq(‘init’, ‘712914244332113’); fbq(‘track’, ‘PageView’); } bitcoin could undergo massive compression function bitcoin could undergo massive compression new launch_google_analytics() { var el = document.createElement(‘script’); el.setAttribute(‘type’, ‘text/javascript’); el.setAttribute(‘async’, true); el.setAttribute(‘src’, ‘//www.googletagmanager.com/gtag/js?id=G-MCDLS7NHBD’); document.body.append(el); window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments). } gtag(‘js’. new Date()); gtag(‘config’, ‘G-MCDLS7NHBD’, {‘anonymize_ip’: true}); gtag(‘config’, ‘G-MCDLS7NHBD’, {‘link_attribution’: true}); } function launch_linkedin_pixel() { _linkedin_partner_id = ‘3766114’; window._linkedin_partner_id = ‘3766114’; window._linkedin_data_partner_ids = window._linkedin_data_partner_ids || []; window._linkedin_data_partner_ids.push(_linkedin_partner_id); (function(l) { if (!l){window.lintrk = function(a,b){window.lintrk.q.push([a,b])}; window.lintrk.q=[]} var s = document.getElementsByTagName(‘script’)[0]; var b = document.createElement(‘script’); b.type=”text/javascript”;b.async = true; b.src=”https://snap.licdn.com/li.lms-analytics/insight.min.js”; s.parentNode.insertBefore(b, s);})(window.lintrk); } function launch_microsoft_clarity() { if (typeof window.clarity !== ‘undefined’) { window.clarity(“consent”); } } function launch_loyalty_program_1world() { if (typeof window.OWOStorageSolutionManager !== ‘undefined’ && typeof window.OWOStorageSolutionManager.allow !== ‘undefined’) { window.OWOStorageSolutionManager.allow(); } } (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({‘gtm.start’:new Date().getTime(),event:’gtm.js’});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!=’dataLayer’?’&l=”+l:”‘;j.async=true;j.src=”https://www.googletagmanager.com/gtm.js?id=”+i+dl;f.parentNode.insertBefore(j,f);}) (window,document,’script’,’dataLayer’,’GTM-KCC4DFK’); document.addEventListener(‘DOMContentLoaded’, function() { var el = document.createElement(‘script’); el.setAttribute(‘type’, ‘text/javascript’); el.setAttribute(‘async’, true); el.setAttribute(‘src’, ‘https://www.clarity.ms/tag/’ + ‘j0pngcg8ry’); document.body.append(el); window.clarity = window.clarity || function() {(window.clarity.q = window.clarity.q || []).push(arguments);}; }); void 0 === window._axcb && (window._axcb = []); window._axcb.push((axeptio) => { axeptio.on(“cookies:complete”, (choices) => { if (choices.google_analytics) { launch_google_analytics(); bitcoin bitcoin could undergo massive compression new could undergo massive compression } if (choices.facebook_pixel) { launch_facebook_pixel(); } if (choices.Linkedin) { launch_linkedin_pixel(); } if (choices.clarity) { launch_microsoft_clarity(); } if (choices.loyalty_program) { launch_loyalty_program_1world(); } else { if (typeof window.OWOStorageSolutionManager !== ‘undefined’ && typeof window.OWOStorageSolutionManager.disable !== ‘undefined’) { window.OWOStorageSolutionManager.disable(); } } }); }); window.axeptioSettings = { clientId: ’60df16cf7559213aac28972d’. cookiesVersion: ‘FR’. googleConsentMode: { default: [ { analytics_storage: ‘denied’, ad_storage: ‘denied’, ad_user_data: ‘denied’, ad_personalization: ‘denied’, wait_for_update: 500, }, { region: [‘US’], analytics_storage: ‘granted’, ad_storage: ‘granted’, ad_user_data: ‘granted’, ad_personalization: ‘granted’, wait_for_update: 500, } ] } }; document.addEventListener(‘DOMContentLoaded’, () => { var el = document.createElement(‘script’); el.setAttribute(‘type’, ‘text/javascript’); el.setAttribute(‘async’, true); el.setAttribute(‘src’, ‘https://loyalty-wleu.1worldonline.com/points-balance-widget.js’); document.body.append(el); if (typeof window.OWOStorageSolutionManager !== ‘undefined’ && typeof window.OWOStorageSolutionManager.disable !== ‘undefined’) { window.OWOStorageSolutionManager.disable(); } const urlParams = new URLSearchParams(window.location.search); if (urlParams.has(‘logged-out’) && urlParams.get(‘logged-out’) === ‘1’) { const checkFunctionExist = setInterval(() => { if (typeof window.logout1WO === ‘function’) { setTimeout(window.logout1WO. 500); clearInterval(checkFunctionExist); } }, 100); } });

Bitcoin could undergo massive compression new

Bitcoin could bitcoin could undergo massive compression new undergo bitcoin could undergo massive compression massive compression

Further reading: Bitcoin at $ 150,000? The Bull Run would just have started according to these BTC experts – The first Center Consignaction+ in the region in Lévis – Foodtastic has built an empire of 1 billion and it is still hungry – Bitcoin crosses a historic course at $ 116,000 – Cities of the cities of happiness: What is hidden behind the meteoric ascent of Thetford Mines?.

Further reading: Donald Trump wants to “win the AI race” at the (once again) environment – This heritage strategy progresses on the French market – This vacationer copiously insulted for complaining about the price of highways, “287 euros just to go on vacation!” – Temporary foreign workers: Quebec claims a “grandfather clause” – They put their lives in danger to see a concert of Montreux Jazz.