Bitcoin All-Time High At $125,700 Was A Trap, Warns Analyst

Bitcoin All-Time High At $125,700 Was A Trap, Warns Analyst

Bitcoin’s dramatic weekend spike to a fresh all-time high of $125,700 lacked real spot demand and was largely the product of leveraged speculation in thin conditions, according to crypto analyst Maartun, who characterized the move as a classic fakeout rather than a durable breakout. “Bitcoin prints a brand new all-time high, $125,700… But hold on a second. The price almost immediately reversed,” he said, framing the question that followed: “Was …

Bitcoin Whales Trigger Sharp Correction After Record High

Bitcoin’s recent rally to a new all-time high of $125,700 was a spectacle to behold, but the immediate correction that followed serves as a stark reminder of the market’s volatility and the influence of large holders. The swift pullback, which saw Bitcoin dip below $123,000 in less than two hours, was largely driven by significant whale activity. On-chain data reveals a notable increase in… Source

Here’s Why The Bitcoin Price Crashed After Hitting $125,700 All-Time High

Bitcoin’s wonderful rally to a new all-time high of $125,700 on Sunday was met almost immediately by a sharp correction. This sudden pullback, which is expected given the all-time high, saw Bitcoin break below $123,000 in less than two hours after the new record.  Interestingly, on-chain data shows a notable increase in whale activity during... The post Here’s Why The Bitcoin Price Crashed After Hitting $125,700 All-Time High appeared first on D…

Bitcoin price drops after hitting record high

Bitcoin’s value experienced a significant fluctuation on Monday, dropping to $123,863 at 10:50 AM WAT after reaching a new record high on Sunday.