This is a news story, published by CoinGape, that relates primarily to Bitcoin news.
For more Bitcoin news, you can click here:
more Bitcoin newsFor more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsFor more news from CoinGape, you can click here:
more news from CoinGapeOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
Bitcoin price. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Bitcoin Price Forecast news, ongoing crypto market downturn news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Crypto market liquidationsCoinGape
•Business
Business & Economics
68% Informative
Bitcoin (BTC) price fell to a 20-day low of $ 91,231 amid heightened market volatility.
Crypto market liquidations hit $1.8 billion , with key BTC support at $ 96,150 .
Double-bottom pattern suggests a potential breakout toward $ 108,000 if sentiment shifts bullish.
BTC price plunged 7% in the last 24 hours , signaling unusually heavy capitulation from large investors.
The upper band suggests significant resistance at $ 105,800 , followed by a more substantial barrier near $ 108,000 .
If Bitcoin can consolidate above these levels, it may establish a new bullish trend, counteracting the recent downturn.
The ongoing trade war and economic uncertainty continue to influence market sentiment, but long-term investors and institutional players could take advantage of lower prices.
VR Score
50
Informative language
39
Neutral language
51
Article tone
formal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links
Small business owner?
