Bitcoin Shows Signs of Weak Momentum Near All-Time High Amid Market Caution and Potential Short Liquidations
The post Bitcoin Shows Signs of Weak Momentum Near All-Time High Amid Market Caution and Potential Short Liquidations appeared on BitcoinEthereumNews.com. Bitcoin is currently facing resistance near its all-time high, with traders showing hesitation amid a delicate market balance and mixed sentiment signals. Despite a modest price increase, the cryptocurrency market remains cautious as $1.63 billion in short positions could be liquidated if Bitcoin breaks above $111,970. According to Bitfinex analysts, “Bulls are hesitant or unable to push prices significantly higher without fresh catalysts or clearer macro signals,” highlighting the current market uncertainty. Bitcoin struggles to break its all-time high amid cautious trader sentiment and a balanced market, with $1.63 billion shorts at risk and social media sentiment rising. ‘, ‘
The post Bitcoin Shows Signs of Weak Momentum Near All-Time High Amid Market Caution and Potential Short Liquidations appeared on BitcoinEthereumNews.com.
Bitcoin is currently facing resistance near its all-time high, with traders showing hesitation amid a delicate market balance and mixed sentiment signals. Despite a modest price increase, the cryptocurrency market remains cautious as $1.63 billion in short positions could be liquidated if Bitcoin breaks above $111,970. According to Bitfinex analysts, “Bulls are hesitant or unable to push prices significantly higher without fresh catalysts or clearer macro signals,” highlighting the current market uncertainty. Bitcoin struggles to break its all-time high amid cautious trader sentiment and a balanced market, with $1.63 billion shorts at risk and social media sentiment rising. ‘, ‘
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