Continuing the upward trend it started over the weekend, bitcoin in morning times It went up to $22400.
With this rise, we see that the prices of many altcoins are moving and there is an average of 5-10% rises.
The biggest altcoin that we drew attention to whale movements yesterday EthereumIt was as high as $1468 earlier today.
Will the Breakdown in Bitcoin Be Permanent?
With the bullish move in Bitcoin, the horizontal resistance of the price ($21600) will now be watched if it can stay above this zone.
Our next most critical resistance level is our 50-day average (black line), which crosses the $23300 level.
Are Ascensions Fake?
US futures started the week with a premium of over 1% today. The fact that the stock markets are green seems to have increased the risk appetite in Bitcoin.
As long as we stay above our 20-day average price of $ 20500, the market can be viewed positively. At this point, these There may be fake movements before the FED meeting on July 27. No stop trading should be done without being ignored.
71 Thousand People Liquidated
During this rise, we see that close to 150 million dollars of short positions have been liquidated in the last 24 hours.
Bitcoin was the most liquidated with $69 million, followed by Ethereum with $40 million. MATIC ranks third with the highest liquidation rate.
The number of investors liquidated in the last 24 hours is 71 thousand.
*Not Investment Advice.