Bitcoin Rebound Absence May Trigger Forced Liquidations

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1d ago

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Market Risk Warning: CryptoQuant CEO Ki Young Ju warns that without a strong Bitcoin rebound in the near term, the risk of institutional selling could significantly increase, potentially leading to forced liquidations impacting ETFs, miners, and trusts.
Increased ETF Volatility: Ju's comments address observations from DeFi Development manager Parker White regarding potential contributions from Hong Kong-based non-crypto hedge funds to ETF declines, highlighting the market's sensitivity to large-scale transactions.
Forced Sell-off Effect: Ju cautions that large-scale Bitcoin releases could trigger forced sell-offs, creating a domino effect that drives prices lower and potentially pushes miners toward bankruptcy risk.
Investor Confidence Erosion: He also notes that institutional investors exiting at market lows may struggle to return, with rebuilding trust potentially requiring extended periods, indicating the fragility of market sentiment.

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Technical Analysis for BTC

Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Bitcoin (BTC) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	36441.945	48220.973	61177.695	72956.723	85913.445	97692.473	110649.195
Fibonacci	48220.973	57670.029	63507.666	72956.723	82405.779	88243.416	97692.473

About BTC

Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias Satoshi Nakamoto. It was launched soon after, in January 2009.Bitcoin is a peer-to-peer online currency, meaning that all transactions happen directly between equal, independent network participants, without the need for any intermediary to permit or facilitate them. Bitcoin was created, according to Nakamoto’s own words, to allow “online payments to be sent directly from one party to another without going through a financial institution.”Some concepts for a similar type of a decentralized electronic currency precede BTC, but Bitcoin holds the distinction of being the first-ever cryptocurrency to come into actual use.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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