Bitcoin drops under $83K as liquidity hunting keeps bulls from targeting yearly open

Bitcoin drops under $83K as liquidity hunting keeps bulls from targeting yearly open

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

Bitcoin (BTC) fell to weekly lows on Monday as upside momentum gave way to liquidity hunting on exchange order books.

Key points: Data from TradingView showed BTC/USD dropping below $82,700 for the first time since Sept.

After posting its highest weekly close since late January at around $84,450, the pair failed to mount another test of its eight-month highs above $87,000 seen last week.

Instead, a large patch of ask liquidity appeared, with over $30 million clustered around $85,700.

Sudden, conspicuous liquidity at a price level often signals a calculated attempt by large traders to influence price direction.  Data from CoinGlass showed the drop liquidating nearby long positions, totaling around $70 million over 24 hours at the time of writing.

Bitcoin weakness accompanied downside in US stocks futures after president Donald Trump refused to rule out further military strikes on Iran.

I mean, it’s possible, but I just don’t want to say that,” he said at the PGA Tour Presidents Cup on Sunday, quoted by Fox News.

Analiz: Piyasa hareketliliği devam ediyor.