Bitcoin Tanks — But Top Crypto Titans Say a Liquidity Tsunami Is Coming

05/11 17:26

Bearish sentiment is rising following a sharp decline in Bitcoin’s price. Despite this trend, several prominent cryptocurrency influencers argue that the hope for an upward reversal remains strong. They cite expanding global liquidity and anticipated Federal Reserve (Fed) actions as potential catalysts for the next rally. Government Shutdown Draining Market Liquidity Raoul Pal, founder of RealVision, analyzed the downturn on his X account on Wednesday source: https://beincrypto.com/bitcoin-tanks-but-top-crypto-titans-say-a-liquidity-tsunami-is-coming/

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Yesterday
Bitcoin Faces Potential Bear Market if Key Support Level Breaks
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Yesterday
BNB Drops Below 950 USDT with a 0.59% Decrease in 24 Hours
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Yesterday
The trader 0xc2a3, who once had a 14-win streak but eventually lost over $30M, just opened a 10x short on 4,400 $ZEC($2.73M). Liq. price: $727.45
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Yesterday
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Yesterday
Cathie Wood’s Ark Invest buys $9 million of Ethereum-treasury firm BitMine’s shares amid 10% price drop
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Yesterday
Bitcoin sentiment drops as analysts flag extremely bearish market conditions
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Yesterday
$EDU Still one of the strongest coins since the 10th of October flush. Found support on the high volume node & mid range. Would want to see this slowly grinding higher and attempt a break at that range high again at some point.
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Yesterday
More and more tokens launching on @ArchNtwrk. Good to see the progress they are making while building up the ecosystem. Personally still bullish on BTCfi in most ways. I do think the $2T Bitcoin Market is missing out on a lot of interesting (DeFi) features. The search for yield
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Yesterday
$EIGEN Sitting close to its range low & major high timeframe support level. Would want to see that area hold. Not much price history has played out around these price levels so I assume price will most relatively quick either way.
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Yesterday
$COTI Starting to move with this ongoing privacy coin narrative/meta. Obviously this is all led by $ZEC which is doing some insane numbers. Key area for COTI is that $0.036 level. That should lead to a larger reversal when broken.
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Bitcoin Tanks — But Top Crypto Titans Say a Liquidity Tsunami Is Coming

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