Bitcoin $83,958.40 Hard rise in the price, attracted attention in the crypto money market. The price up to $ 92,000 on Monday was active with US President Donald Trump’s announcement of the strategic reserve plan. The interest of corporate investors was the biggest factor determining the direction of the market. The CME futures market caused by the weekend closing was closed in a short time to balance the price. Increasing volatility forces investors to be careful about risk management.
CME Gap and Price Correction
Bitcoin left an important gap between the weekly closing price and the opening of the new week. This gap in the CME futures market was closely monitored by investors. The rapidly closing price difference in the Asian session pointed out that the market is in the balancing process.
According to historical data, the gaps in CME are usually closed when the price returns to those levels. This process is considered a natural correction mechanism of the market. However, the re -rise of Bitcoin prices shows that the procurement pressure in the market continues. The formation of a new gap below $ 80,000 was another important point that analysts attracted attention.
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Liquidations and market balance
Sudden movements in the price of Bitcoin, leveraged transactions in a difficult situation. The liquidation of over $ 900 million in the last 24 hours has shown that the market has experienced harsh fluctuations. The liquidation of approximately $ 400 million Long positions caused investors to review risk management strategies.
The liquidation process is experienced more frequently during periods of price mobility. Investors have to close their positions if their guarantees are insufficient. This makes the volatil structure and sudden changes in the market even more pronounced. The closure of the CME gap and the realization of liquidations is among the important signs that show that Bitcoin has entered the extreme purchase zone.
Bitcoin’s price movements continue to affect the general balance of the market. Investors closely follow the next moves of the market by strengthening risk management strategies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
