Main takeout:
Bitcoin, the chairman of the Federal Reserve Bank, suggested that Jerome Powell, which suggested that the interest rate was reduced, and finished $ 117,300 with a $ 378 million shorts.
Analysts spent $ 200,000 before the end of the year, saying BTC said, “Up trend is back.”
Bitcoin (BTC) brought out more than $ 117,000 ASK liquidity on Friday after an interest rate cut in September while Jerome Powell, chairman of the Federal Reserve on Friday, speeches in Jackson Hall.
The BTC Price has risen more than 4% at a minimum of $ 111,600 at the minimum of $ 117,300, at a minimum of $ 111,600.
According to the CoingLass data, $ 378 million in a short position was cleared, and Ether (ETH) surged from almost 15%to $ 4,760, accounting for a total of $ 193 million. Bitcoin recorded $ 56.4 million in a short liquidation.
relevant: Bitcoin ETF recorded a striped stripes for five days, but POMP says that BTC is overall.
Overall, a total of $ 664 million has disappeared from a short and long position as shown below.
Due to the sudden recovery of the market, 150,217 merchants were liquidated during this period, and the investor sentiment was optimistic.
The Bitcoin Blightation Heatmap has a price of $ 117,000 or more, with more than $ 117,000 to $ 118,000.
Bitcoin analysts say, “Up trends are back.”
According to Mn Capital founder Michael Van de Poppe, BTC’s sweep is less than $ 112,000, offering a good position for merchants.
At the beginning of this week, Van Doppe told X to be followed by X to be swept into a low area of $ 111,900 on August 3rd.
On Friday, on the X Post, I added:
“Up trends have come back.”
Fellow analyst gel said that the price of bitcoin is likely to go back to the pump today, but “the market wants to be higher.”
Some encryption industry participants have recently shown that they have shared higher prices in the encryption market. Analyst Bitquant said on Monday that Bitcoin’s $ 145,000 cycle goal is still going through 2025.
On the other hand, André Dragosch, the European researcher at Bitwise, is a Monday X -spaces in a daily X space in the 401 (K) retirement plan to allow encryption in the 401 (K) retirement plan in the chain reaction of CoinTelegraph. He said he could push the coin to $ 200,000.
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.