Bulls Giving Up? Massive Bitcoin Bid Wall Removed, What It Could Mean For BTC
Bitcoin has entered the week with upside price action into the mid-levels of its current levels. However, bulls face hurdles as an increase in selling pressure set back BTC’s price from $66,000 to a current price of $64,262 at the time of writing. Bitcoin entered a consolidation zone after a flash crash pushed its price from the high of its current levels to the critical support at around $62,500. The bullish sentiment seems to be fading as uncertainty takes over the market. Related Reading | Bitcoin Eyes Fresh Rally, Why Close above $66k Is Important Many traders were expecting a....
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Yesterday, funding rates fell below zero in a market sentiment reset as Bitcoin’s price declined following its new all-time high. Bitcoin Funding Rates Briefly Fell Below Zero Yesterday As per the latest weekly report from Arcane Research, the funding rates have plummeted following a spike around when BTC made a new ATH. Yesterday, they briefly went below zero. The “funding rate” is a Bitcoin indicator that tells us about the current periodic payments that futures contract traders are making between each other. When the metric has positive values, it means long traders....
After Bitcoin hit the floor at $300, things have been looking upward. The main cause for this massive downward trend was a person sold 30,000 Bitcoins, all at the $300 mark. Once that massive sell wall was ridden of, the price of Bitcoin is going up now. Subsequently, most other coins are too. As you can see from the chart above, it only proves to further reinforce what has been previously stated. The downward trend hit the floor at around $300, with then a massive spike of volume where it then returned to regular volume levels, but the price trend is now moving upwards.
Dragon's Tale allows players to stick paintings on the Great Wall of China and make money at the same time. The Great Wall of China is one of the seven wonders of the world. The ancient wall (portions of it) dates back to 7th century BC. The wall was completed by the first emperor of China, Qin Shi Huang in 206 BC. Portions of the wall have been rebuilt from time to time by various rulers since then. The Great Wall of China acts as a border control and a line of defense against external threats. Since the end of dynasties and warriors, the ancient Great wall of China continues to stand....
Google removed over 120,000 of negative Robinhood reviews citing violations related to rating manipulation, the firm reportedly said. Google has reportedly deleted thousands of negative reviews of Robinhood on the Google Play Store after the platform suspended trading of several skyrocketing stocks like GameStop, multiple sources claim.Financial analyst Mr. Whale reported on Jan. 28 that Google removed as many as 120,000 negative reviews of Robinhood, pushing the app’s rating from one star to about four stars.Google just removed over 120,000 negative reviews of RobinHood on the App Store.....
14 hours ago, users began reporting about the "biggest sell wall I've ever seen": a 31 000 bitcoin sell wall appeared mysteriously at 300 USD per bitcoin on Bitstamp. I must agree, this is the biggest sell wall I've ever seen. One thing that amazes me is how little the market has moved in those 14 hours since the Sell Wall of Death. 31 000 bitcoins is Now 15 000 bitcoins. Not only has the market refrained from panic selling below 300 USD per btc (where 275 USD became the lowest point), people are even chomping the Bitcoin sell wall. If you watch the order book and the live trades you can....