11 January 2025
9 0
Bitcoin Prints 14 Consecutive Hourly Green Candles, Longest Since 2017
Bitcoin Price Movement
- Bitcoin printed 14 consecutive hourly candles, the longest since 2017.
- Whales are buying the dip, indicating increased buying pressure.
- Price fluctuated between $91,771 and $95,770 recently.
Current Trading Data
- Bitcoin is currently trading at $95,078, up 2.52% in 24 hours.
- It has dropped 3.28% over the past week and 5.28% in the last 30 days.
- Current price is down 11.74% from its all-time high of $108,268.
Technical Analysis
- RSI at 46.73 indicates sellers dominate but buyers are pushing back.
- MACD shows bearish divergence with close lines suggesting a potential change in control.
Market Liquidation Data
- $389.50 million liquidated from the crypto market as Bitcoin broke above $95,000.
- Over $128.23 million liquidated in the last 4 hours, including $82.70 million in BTC shorts.