Bitcoin News: BTC Remains Stable Despite Major Liquidations, Suggesting Market Strength
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In a recent market event, Bitcoin [BTC] demonstrated resilience by remaining above its short-term realized price despite significant liquidations. Here’s a closer look at the developments and their implications for the cryptocurrency’s future.
Bitcoin Holds Steady Despite $359.7M in Liquidations
Bitcoin [BTC] remained above the short-term realized price ($86.5K) despite a $359M long squeeze. Price recovery suggested spot market strength, but momentum needs to build for further upside. According to CryptoQuant data, the market recently witnessed a large-scale long squeeze, with nearly $360 million in long positions flushed out in a single hour. Interestingly, this was not accompanied by a sharp downward price spiral. Instead, BTC bounced back quickly and traded at around $86,000, indicating strong buyer support.
Bitcoin Caught in Crossfire: Retail Weakens, Institutions Buy the Dip
Bitcoin stands at a crossroads, caught between fading retail confidence and a surge of institutional buying. Small traders are retreating due to uncertainty, while deep-pocketed investors are scooping up BTC, signaling a battle for the next big move. Hyblock Capital highlights weakening retail sentiment in the Bitcoin market, with a key metric showing that true retail accounts long% on Binance stablecoin-margined (USDS-M) futures is at a low 47%.
Bitcoin’s Outflows Signal Potential Rally Despite Recent Drop
Bitcoin briefly surpassed $88,000 earlier this week amidst a recovery following GameStop’s $1.3 billion capital raise for Bitcoin allocation. Despite a 3% drop in the past 24 hours, BTC flows across exchanges suggest a strong rally may soon occur. CryptoQuant’s analysis indicates a massive upside potential for Bitcoin as total withdrawals are on the rise, suggesting a bullish outlook.
Bitcoin: BTC Price Forecast For Q2, 2025
Bitcoin, often dubbed the king of cryptocurrencies, had a significant Q1 2025 with a Stellar price peak to $90K. By the end of March, Trump’s trade war policies affected global markets, stabilizing Bitcoin at $86K. Currently sitting at $85K, investor interest in crypto is diversifying. Will BTC score a new high in Q2, 2025?
Bitcoin Supply Ratio On Exchanges Plummets To New Lows, A Bullish Sign?
After a challenging period, Bitcoin has gained upward traction, reclaiming and surging past key resistance levels. Investor sentiment has changed following Bitcoin’s renewed upward performance. Santiment reported that BTC’s supply on crypto exchanges has dropped significantly, signaling reduced selling pressure and growing confidence among market players, which typically aligns with accumulation phases. This implies investors are moving their BTC to cold storage.
