{"id":603374,"date":"2024-04-16T04:00:34","date_gmt":"2024-04-16T04:00:34","guid":{"rendered":"https:\/\/ktsl888.com\/?p=603374"},"modified":"2024-06-11T07:20:20","modified_gmt":"2024-06-11T07:20:20","slug":"bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/","title":{"rendered":"Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst"},"content":{"rendered":"

The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns<\/a> of a potential liquidation event that could negatively affect the short holders.<\/p>\n

With Bitcoin trading within a significant consolidation phase, as revealed by Rover, analysis suggests that over $3 billion in short positions could face liquidation<\/a> should Bitcoin climb back to a specific price mark.<\/p>\n

Related Reading: Bitcoin Bonanza Before The Halving? Analyst Sees Pre-Crash Buying Window<\/a><\/div>\n

Bitcoin Bears Beware Of This Price Range<\/h2>\n

According to Rover, the crucial price mark, which is the $71,600 region, is where the $3 billion short liquidation would occur if Bitcoin reclaims it. Rover’s assessment is based on data gathered from CoinGlass, a renowned derivative market tracker, indicating a substantial liquidity accumulation at higher price levels.<\/p>\n

\"BTC
BTC Liquidation Heatmap. | Source: Coinglass<\/a><\/figcaption><\/figure>\n

The recent warning from Crypto Rover comes amidst a period of turbulence in the crypto market, marked by sharp price movements and heightened trading activity.<\/p>\n

Particularly, Bitcoin experienced a sudden decline<\/a> over the weekend, bringing its price to as low as $62,000 in the zone. However, in the early hours of Monday, the asset showed signs of recovery, briefly reaching a high of $66,797 before retracing to its current price of $64,711.<\/p>\n

\"Bitcoin
BTC price is moving sideways on the 4-hour chart. Source: BTC\/USDT on TradingView.com<\/a><\/figcaption><\/figure>\n

The market downturn over the weekend witnessed a record number of liquidations, with over $1.2 billion in Bitcoin long positions liquidated in a single day, according to WhaleWire.<\/p>\n

\n

JUST IN: Over $1.2 Billion in #Bitcoin<\/a> longs have been liquidated over the last 24 hours, amid market decline, setting a new record. The previous record was $879M.<\/p>\n

Today, more Bitcoin bulls have been liquidated than on any day in the last 15 years.<\/p>\n

Another reason why buying up\u2026 pic.twitter.com\/itnwb7rj1d<\/a><\/p>\n

\u2014 WhaleWire (@WhaleWire) April 13, 2024<\/a><\/p><\/blockquote>\n

The liquidation hasn’t stopped, as the latest data<\/a> from Coinglass reveals that in the past 24 hours alone, 89,151 traders have been liquidated, resulting in a total loss of $266.10 million.<\/p>\n

\"The
The crypto market liquidation heat map. Source: Coinglass<\/a><\/figcaption><\/figure>\n

Analyst Insights And Market Dynamics<\/h2>\n

It is worth noting that Bitcoin’s recorded slight recovery comes as Hong Kong regulators granted provisional approval for asset managers<\/a> to launch spot Bitcoin and Ethereum exchange-traded funds (ETFs).<\/p>\n

Crypto analyst Willy Woo has shared his perspective on the potential impact of Bitcoin exchange-traded funds (ETFs) on market dynamics.<\/p>\n

According to Woo, introducing the new Bitcoin ETFs<\/a> could lead to significant price targets, with projections ranging from $91,000 at the bear market bottom to $650,000 at the bull market top.<\/p>\n

\n

The new #Bitcoin<\/a> ETFs brings price targets of $91k at the bear market bottom and $650k at the bull market top once ETF investors have fully deployed according to asset manager recommendations***.<\/p>\n

These are very conservative numbers. #Bitcoin<\/a> will beat gold cap when ETFs have\u2026<\/p>\n

\u2014 Willy Woo (@woonomic) April 15, 2024<\/a><\/p><\/blockquote>\n

Woo’s analysis underscores the growing institutional interest<\/a> in BTC, with asset managers expected to allocate a substantial portion of their funds to the cryptocurrency.<\/p>\n

Related Reading: The Ultra Wealthy Are Investing Big Time In Bitcoin, Barbara Goldstein Reveals<\/a><\/div>\n

However, Woo emphasizes that these projections are conservative estimates, and Bitcoin’s market capitalization could exceed gold as more capital is deployed into the asset.<\/p>\n

Featured image from Unsplash, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"

The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively affect the short holders. With Bitcoin trading within a significant consolidation phase, as revealed by Rover, analysis suggests that over $3 billion in short positions could face liquidation should Bitcoin climb back to a specific price mark. Related Reading: Bitcoin Bonanza Before The Halving? Analyst Sees Pre-Crash Buying Window Bitcoin Bears Beware Of This Price Range According to Rover, the crucial price mark, which is the $71,600 region, is where the $3 billion short liquidation would occur if Bitcoin reclaims it. Rover’s assessment is based on data gathered from CoinGlass, a renowned derivative market tracker, indicating a substantial liquidity accumulation at higher price levels. The recent warning from Crypto Rover comes amidst a period of turbulence in the crypto market, marked by sharp price movements and heightened trading activity. Particularly, Bitcoin experienced a sudden decline over the weekend, bringing its price to as low as $62,000 in the zone. However, in the early hours of Monday, the asset showed signs of recovery, briefly reaching a high of $66,797 before retracing to its current price of $64,711. The market downturn over the weekend witnessed a record number of liquidations, with over $1.2 billion in Bitcoin long positions liquidated in a single day, according to WhaleWire. JUST IN: Over $1.2 Billion in #Bitcoin longs have been liquidated over the last 24 hours, amid market decline, setting a new record. The previous record was $879M. Today, more Bitcoin bulls have been liquidated than on any day in the last 15 years. Another reason why buying up\u2026 pic.twitter.com\/itnwb7rj1d \u2014 WhaleWire (@WhaleWire) April 13, 2024 The liquidation hasn’t stopped, as the latest data from Coinglass reveals that in the past 24 hours alone, 89,151 traders have been liquidated, resulting in a total loss of $266.10 million. Analyst Insights And Market Dynamics It is worth noting that Bitcoin’s recorded slight recovery comes as Hong Kong regulators granted provisional approval for asset managers to launch spot Bitcoin and Ethereum exchange-traded funds (ETFs). Crypto analyst Willy Woo has shared his perspective on the potential impact of Bitcoin exchange-traded funds (ETFs) on market dynamics. According to Woo, introducing the new Bitcoin ETFs could lead to significant price targets, with projections ranging from $91,000 at the bear market bottom to $650,000 at the bull market top. The new #Bitcoin ETFs brings price targets of $91k at the bear market bottom and $650k at the bull market top once ETF investors have fully deployed according to asset manager recommendations***. These are very conservative numbers. #Bitcoin will beat gold cap when ETFs have\u2026 \u2014 Willy Woo (@woonomic) April 15, 2024 Woo’s analysis underscores the growing institutional interest in BTC, with asset managers expected to allocate a substantial portion of their funds to the cryptocurrency. Related Reading: The Ultra Wealthy Are Investing Big Time In Bitcoin, Barbara Goldstein Reveals However, Woo emphasizes that these projections are conservative estimates, and Bitcoin’s market capitalization could exceed gold as more capital is deployed into the asset. Featured image from Unsplash, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":603384,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,27467,14618,629,678,1119,78790,6664],"class_list":["post-603374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-bears","tag-bitcoin-bulls","tag-bitcoin-market","tag-bitcoin-prediction","tag-btc","tag-btcusdt","tag-crypto"],"acf":[],"yoast_head":"\nBitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst<\/title>\n<meta name=\"description\" content=\"The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst\" \/>\n<meta property=\"og:description\" content=\"The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-16T04:00:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:20:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289\" \/>\n\t<meta property=\"og:image:width\" content=\"3433\" \/>\n\t<meta property=\"og:image:height\" content=\"2289\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samuel Edyme\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@0xEdyme\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samuel Edyme\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/\"},\"author\":{\"name\":\"Samuel Edyme\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\"},\"headline\":\"Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst\",\"datePublished\":\"2024-04-16T04:00:34+00:00\",\"dateModified\":\"2024-06-11T07:20:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/\"},\"wordCount\":568,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289\",\"keywords\":[\"bitcoin\",\"Bitcoin bears\",\"bitcoin bulls\",\"bitcoin market\",\"bitcoin prediction\",\"btc\",\"BTCUSDT\",\"crypto\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/\",\"url\":\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/\",\"name\":\"Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289\",\"datePublished\":\"2024-04-16T04:00:34+00:00\",\"dateModified\":\"2024-06-11T07:20:20+00:00\",\"description\":\"The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively...\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289\",\"width\":3433,\"height\":2289,\"caption\":\"Bitcoin Bears Beware:\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500\",\"name\":\"Samuel Edyme\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g\",\"caption\":\"Samuel Edyme\"},\"description\":\"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.\",\"sameAs\":[\"https:\/\/x.com\/0xEdyme\"],\"url\":\"https:\/\/ktsl888.com\/author\/samueledymeabayomi\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst","description":"The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst","og_description":"The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively...","og_url":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-04-16T04:00:34+00:00","article_modified_time":"2024-06-11T07:20:20+00:00","og_image":[{"width":3433,"height":2289,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289","type":"image\/jpeg"}],"author":"Samuel Edyme","twitter_card":"summary_large_image","twitter_creator":"@0xEdyme","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Samuel Edyme","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/"},"author":{"name":"Samuel Edyme","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500"},"headline":"Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst","datePublished":"2024-04-16T04:00:34+00:00","dateModified":"2024-06-11T07:20:20+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/"},"wordCount":568,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289","keywords":["bitcoin","Bitcoin bears","bitcoin bulls","bitcoin market","bitcoin prediction","btc","BTCUSDT","crypto"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/","url":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/","name":"Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289","datePublished":"2024-04-16T04:00:34+00:00","dateModified":"2024-06-11T07:20:20+00:00","description":"The Bitcoin market is currently on edge as prominent analyst Crypto Rover warns of a potential liquidation event that could negatively...","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289","width":3433,"height":2289,"caption":"Bitcoin Bears Beware:"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/d19b5f18d945fb75e71771134d0e2500","name":"Samuel Edyme","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0740dd47da0842fb4beb4895ce9022b4?s=96&d=mm&r=g","caption":"Samuel Edyme"},"description":"Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/ktsl888.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst","url":"http:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin bears","bitcoin bulls","bitcoin market","bitcoin prediction","btc","btcusdt","crypto"],"dateCreated":"2024-04-16T04:00:34Z","datePublished":"2024-04-16T04:00:34Z","dateModified":"2024-06-11T07:20:20Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Bears Beware: $3 Billion Short Liquidation Looms At This Price Mark, Warns Analyst\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/bitcoin-bears-beware-3-billion-short-liquidation-looms-at-this-price-mark-warns-analyst\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin bears\",\"bitcoin bulls\",\"bitcoin market\",\"bitcoin prediction\",\"btc\",\"btcusdt\",\"crypto\"],\"dateCreated\":\"2024-04-16T04:00:34Z\",\"datePublished\":\"2024-04-16T04:00:34Z\",\"dateModified\":\"2024-06-11T07:20:20Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/anthony-renovato-6HxC-fZjlI0-unsplash.jpg?fit=3433%2C2289","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/603374"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=603374"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/603374\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/603384"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=603374"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=603374"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=603374"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}