| Time | Details |
|---|---|
| 2024-08-05 19:01 |
Potential Bear Trap in Current Market Correction
According to @CryptoMichNL, the current market correction might lead to a bear trap within this cycle. A massive capitulation event has caused $1.2 billion to be wiped out through leveraged positions. This significant event impacts both Bitcoin and the broader cryptocurrency market. Despite the challenging situation, there has been a good recovery throughout the day, but much work remains to be done. (Source) |
| 2024-10-22 09:26 |
MSTR's Leveraged Positions Unlikely to Face Liquidation
According to BitMEX Research, the liquidation of MicroStrategy's leveraged positions is improbable due to the way the company has structured its contracts. This suggests that MicroStrategy's financial strategies are robust, making it difficult for adversaries to force liquidation. Traders may need to consider the stability of MSTR's positions when evaluating market movements. (Source) |
| 2024-12-16 08:30 |
Bitcoin Reaches New All-Time High Amidst High Leverage Risks
According to CryptoMichNL, Bitcoin has reached a new all-time high and continues to climb. However, traders should be cautious as the number of leveraged long positions is relatively high, which could pose a risk. If Bitcoin's price falls below $102,000, it could trigger another liquidity crash. Conversely, if it remains above this level, the next target could be $110,000, suggesting potential good times ahead for traders. (Source) |