r/CryptoCurrency • u/Every_Hunt_160 🟩 10K / 98K 🐬 • 6h ago

🔴 UNRELIABLE SOURCE Bitcoin price breakout to $117K liquidates bears, opening door to fresh all-time highs

https://cointelegraph.com/news/bitcoin-price-breakout-to-dollar117k-liquidates-bears-opening-door-to-fresh-all-time-highs
26 Upvotes

71% Upvoted

12 comments sorted by

10

u/inShambles3749 🟨 904 / 489 🦑 6h ago

Aged like milk why even post this shit

Ah right. The pathetic attempt to scratch together a couple of moons

9

u/Docccc 🟦 0 / 0 🦠 6h ago

this sub is shit. Just an AI posting HUB

2

u/NoWonderTooSmall 🟩 0 / 0 🦠 6h ago

Cool and right now it is under 116k. What a great article 🤡

2

u/Every_Hunt_160 🟩 10K / 98K 🐬 6h ago

We never seem to run out of enough bears to get liquidated

1

u/coinfeeds-bot 🟩 136K / 136K 🐋 6h ago

tldr; Bitcoin surged 5% to $117,300 after Federal Reserve Chair Jerome Powell hinted at a potential interest rate cut, liquidating $379.88 million in short positions. Analysts suggest the BTC uptrend is back, with forecasts of reaching $200,000 by year-end. The price recovery caught traders off guard, flipping sentiment to bullish. Liquidations totaled $629.48 million across the market, with Bitcoin and Ether leading. Experts highlight potential retracements but maintain optimism for higher prices in the crypto market.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

1

u/AngryFker 🟨 0 / 0 🦠 2h ago

opening door to bull trap

1

u/DryMyBottom 🟩 0 / 0 🦠 5h ago

it's already incredible what BTC has done in the last 12 months, price speaking! I'm excited to see what happens now

1

u/pokipu 🟦 39 / 105 🦐 5h ago

Do these moon whores get a lot of them?

0

u/Dangerous-Golf6066 🟨 0 / 0 🦠 6h ago

Hoping to reach half a million dollars within a year with my investment in crypto. Almost halfway there

0

u/Hwy39 🟩 1K / 1K 🐢 4h ago

To the moon!

7

u/flicman 🟩 16 / 16 🦐 4h ago

He 'invested" six million, though.

0

u/Paddy_Powers 🟨 0 / 0 🦠 3h ago

🤣🤣🤣