$344.4 million worth of shorts liquidated in the past 4 hours as Bitcoin breaks $60,000

Stimulus checks will hit American's bank accounts tomorrow. This is what happened on Coinbase last time.

Is Bitcoin bullish or bearish?

Bullish/Bearish?
anonymous poll

Bullish – 424
👍👍👍👍👍👍👍 74%

Bearish – 146
👍👍 26%

👥 570 people voted so far.

Insider information: ADA will be listed on Coinbase within 2 weeks.

Buy at your own risk!

Target for ADA is new high probably around $1.8-2.0

Long-Term Holder MVRV at 20+ has been a good indicator of #Bitcoin market tops in previous cycles.

Currently at 10, it indicates room for more upwards movement.

$BTC was trading at ~$4,500 at these levels in 2017 – and made another 4.4x to the peak.

67% of all energy produced is lost. #bitcoin mining primarily uses this waste energy. Energy concerns about bitcoin mining are mostly plain wrong.

According to DefiPulse, 9.2 million Ether—around 8.2% of the circulating $ETH supply—is now locked in the DeFi ecosystem.

Bitcoin testing really important cluster of support lines.

Bulls don’t want to see close below any of these two cause we would get way bigger correction than the current one.

Ethereum is looking ready to test trendline.

For a bullish scenario, it would be way better to front-run the actual trendline and find support somewhere at my imaginary red trendline.

That would be great for bulls.

The 20th richest person in the world is now anonymous.

Satoshi Nakamoto, the creator of #Bitcoin, may have up to $60 billion of the coin. With the recent price increase, they have now surpassed Mike Bloomberg's net worth.

Looking good

Bitcoin is above both support areas which is pretty good for bulls.

If we see close above a recent high, we could easily see a big green candle.

This weekend 117k Bitcoin options will expire. This is the reason for the volatility of Market. We see more ups and down untill 26 March.

Dozens of countries' central banks are researching a digital form of money

After the $804 million (14,608 BTC) outflow from Coinbase a few hours ago, the total amount of #Bitcoin held on exchanges has reached a new low

Bitcoin broke the uptrend and we got a perfect retest of that trendline that acts as a resistance now.

The first targets for the bearish scenario are $50k and $45k.

If you hold ADA, you could end up in huge trouble very soon.

The situation is not that bad but since the Coinbase hype is gone, if we get a daily close below $1.00, we could see correction going towards $0.8 and further down to $0.6.