BTC Reached Approximately $42,000 Before The Fed Meeting, Nearly $100m was liquidated in 1 hour On March 16
BTC Updates
We just see BTC increase 7% from $39,000 to & 41,700 before the Fed will have a meeting to raise interest rates, along with the growth of BTC altcoins also grew rapidly in just 1h.
After breaking the resistance zone around $40,000 and reaching approximately $42,000 BTC will tend to retest the support around $40,000. Everyone, please wait for the reaction here before making plans today.
BTC/USDT 1h chart | Source: TradingView & coincu.com
The sudden increase in BTC led to the short side being heavily affected, according to Coinglass the statistics of $76m liquidation in 1 hour. This number doesn’t stop when the long side is also threatened.
BTC Liquiditations 1h – coinglass
Do you have any plans for BTC? Stay updated with us.
More information at Here
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Alan
Coincu Ventures
Author
BTC Updates
We just see BTC increase 7% from $39,000 to & 41,700 before the Fed will have a meeting to raise interest rates, along with the growth of BTC altcoins also grew rapidly in just 1h.
After breaking the resistance zone around $40,000 and reaching approximately $42,000 BTC will tend to retest the support around $40,000. Everyone, please wait for the reaction here before making plans today.
BTC/USDT 1h chart | Source: TradingView & coincu.com
The sudden increase in BTC led to the short side being heavily affected, according to Coinglass the statistics of $76m liquidation in 1 hour. This number doesn’t stop when the long side is also threatened.
BTC Liquiditations 1h – coinglass
Do you have any plans for BTC? Stay updated with us.
More information at Here
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Alan
Coincu Ventures
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