‘Silent crash’ as price floors collapse across NFT space
Prices are plummeting, and some holders might not even know it If prices plummet in an illiquid market, how soon before anyone notices?While fungible tokens traded on centralized and decentralized exchanges have significant transparency regarding price movements, nonfungible tokens can be harder to track. Because of their illiquid nature, gauging the sentiment of the overall market market for a project can be difficult — a dynamic that has led one eGirl Capital member, Mewny, to dub NFT corrections ‘silent crashes.’ i really like @mewn21 phrasing of NFT crash as a "silent crash" why? in....
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On Friday evening, shortly before the markets close in Europe, we published our twice-daily bitcoin price watch piece. In the piece, we highlighted levels that we would be keeping an eye on throughout the weekend in the bitcoin price, and suggested where we would look to get in and out of the market according to our intraday bitcoin price breakout strategy was concerned. Now action has matured, and as we head into a fresh week's worth of trading in the bitcoin price, what of levels that were keeping an eye on, and where will we look to draw profit today? Take a quick look at the chart. As....
Late yesterday evening, we published our twice-daily bitcoin price watch analysis piece. In the piece, we highlighted a few of the key levels we would be watching throughout Thursday evening, and suggested some of the potential entry points and target points in the bitcoin price overnight. Now action has matured throughout Thursday evening, we are about to enter a fresh European session. With this said, what are the levels that we are watching during this European session, and how can we take advantage of any volatility in the bitcoin price over the weekend? Take a quick look at the chart.....
Bitcoin managed to hit $16,000 on Wednesday after repeatedly eyeing the psychological resistance level for weeks.