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Bitcoin Bloodbath: Leveraged Traders Liquidated as BTC Dives Below $106K, Analysts Predict Wild Swings Ahead
The Bitcoin & Cryptocurrency Investment Show podcast.
Hey crypto adventurers, Crypto Willy here with your weekly scoop from The Bitcoin & Cryptocurrency Investment Show—powered by Quiet Please. It’s been one wild ride as the fast lanes of blockchain and decentralized finance just delivered one of their bumpiest weeks in recent memory!
Let’s kick things off with the headline: **Bitcoin crashed hard**, diving below $106,000 as bullish bets worth nearly $800 million got absolutely wrecked. According to CoinDesk, Thursday was chaos with over $1.2 billion in leveraged positions getting liquidated. That means a lot of traders—especially those betting big—got forced out of the market. Octobers are famous for surprises in crypto, and this week absolutely kept that tradition alive.
Zooming out, CNBC covered how the pullback was sharp: Bitcoin fell more than 8% in just seven days, echoing through Ethereum and XRP markets too. The reason? Analysts at Economic Times point to global market jitters, ETF outflows, and chunky trader liquidations—plus fears around credit tightening in traditional finance that spilled over into riskier assets like crypto. In short, it wasn’t just Bitcoin feeling the pain; the whole digital asset space looked spooked.
But you know crypto doesn’t sleep, and predictions never stop. Changelly analysts still see wild swings ahead, forecasting that Bitcoin could trade anywhere between $104,427 and $121,448 by the end of October, with a potential ROI near 15%. November’s expected minimum is around $108k, but with upside possible to $117k. If you’re looking to dollar-cost average, or just hold onto your Satoshis, the experts say those hills and valleys make every strategy a nail-biter.
Let’s talk sentiment. CryptoPotato and CryptoVizArt flagged some first clear bearish signals as BTC’s price tumbled $20k from its all-time high. But amidst the fear, voices like PlanB on YouTube noted it’s still Bitcoin’s fifth month above $100k, hinting the long-term structure is stronger than it looks. Even as we face flash crashes—Citation Needed called this month’s meltdown the most dramatic ever—some analysts see these events as dress rehearsals rather than doom scenarios. Remember, volatility is the heartbeat of crypto; it shakes weak hands and rewards long-term conviction.
While Bitcoin took center stage, Ethereum wasn’t far behind—slipping to $3,764, and XRP trailed out of the limelight as well. Across the landscape, traders and institutions alike are recalibrating. Some are shifting to stablecoins, others hedging with derivatives, and the bravest souls are seeking bargains in the panic.
And a nod to big-picture thinkers: Coindesk’s market team suggested that while October was muted compared to gold, monetary policy easing from the Fed could be the fuel for the next Bitcoin leg up. They see this week’s choppy water not as a shipwreck but as a setup. Eyes on the horizon, folks—the next breakout could catch a lot off guard.
So hang on to your wallets, tune in to your favorite block explorers, and keep those notifications sharp. Thanks for joining me, Crypto Willy, on this week’s Bitcoin & Cryptocurrency Investment Show. Don’t forget to swing by next week for more clarity, drama, and technicolor crypto commentary.
This has been a Quiet Please production. For more, check out QuietPlease dot A I. See ya next time!
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
Hey crypto adventurers, Crypto Willy here with your weekly scoop from The Bitcoin & Cryptocurrency Investment Show—powered by Quiet Please. It’s been one wild ride as the fast lanes of blockchain and decentralized finance just delivered one of their bumpiest weeks in recent memory!
Let’s kick things off with the headline: **Bitcoin crashed hard**, diving below $106,000 as bullish bets worth nearly $800 million got absolutely wrecked. According to CoinDesk, Thursday was chaos with over $1.2 billion in leveraged positions getting liquidated. That means a lot of traders—especially those betting big—got forced out of the market. Octobers are famous for surprises in crypto, and this week absolutely kept that tradition alive.
Zooming out, CNBC covered how the pullback was sharp: Bitcoin fell more than 8% in just seven days, echoing through Ethereum and XRP markets too. The reason? Analysts at Economic Times point to global market jitters, ETF outflows, and chunky trader liquidations—plus fears around credit tightening in traditional finance that spilled over into riskier assets like crypto. In short, it wasn’t just Bitcoin feeling the pain; the whole digital asset space looked spooked.
But you know crypto doesn’t sleep, and predictions never stop. Changelly analysts still see wild swings ahead, forecasting that Bitcoin could trade anywhere between $104,427 and $121,448 by the end of October, with a potential ROI near 15%. November’s expected minimum is around $108k, but with upside possible to $117k. If you’re looking to dollar-cost average, or just hold onto your Satoshis, the experts say those hills and valleys make every strategy a nail-biter.
Let’s talk sentiment. CryptoPotato and CryptoVizArt flagged some first clear bearish signals as BTC’s price tumbled $20k from its all-time high. But amidst the fear, voices like PlanB on YouTube noted it’s still Bitcoin’s fifth month above $100k, hinting the long-term structure is stronger than it looks. Even as we face flash crashes—Citation Needed called this month’s meltdown the most dramatic ever—some analysts see these events as dress rehearsals rather than doom scenarios. Remember, volatility is the heartbeat of crypto; it shakes weak hands and rewards long-term conviction.
While Bitcoin took center stage, Ethereum wasn’t far behind—slipping to $3,764, and XRP trailed out of the limelight as well. Across the landscape, traders and institutions alike are recalibrating. Some are shifting to stablecoins, others hedging with derivatives, and the bravest souls are seeking bargains in the panic.
And a nod to big-picture thinkers: Coindesk’s market team suggested that while October was muted compared to gold, monetary policy easing from the Fed could be the fuel for the next Bitcoin leg up. They see this week’s choppy water not as a shipwreck but as a setup. Eyes on the horizon, folks—the next breakout could catch a lot off guard.
So hang on to your wallets, tune in to your favorite block explorers, and keep those notifications sharp. Thanks for joining me, Crypto Willy, on this week’s Bitcoin & Cryptocurrency Investment Show. Don’t forget to swing by next week for more clarity, drama, and technicolor crypto commentary.
This has been a Quiet Please production. For more, check out QuietPlease dot A I. See ya next time!
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
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By Inception Point AiThe Bitcoin & Cryptocurrency Investment Show podcast.
Hey crypto adventurers, Crypto Willy here with your weekly scoop from The Bitcoin & Cryptocurrency Investment Show—powered by Quiet Please. It’s been one wild ride as the fast lanes of blockchain and decentralized finance just delivered one of their bumpiest weeks in recent memory!
Let’s kick things off with the headline: **Bitcoin crashed hard**, diving below $106,000 as bullish bets worth nearly $800 million got absolutely wrecked. According to CoinDesk, Thursday was chaos with over $1.2 billion in leveraged positions getting liquidated. That means a lot of traders—especially those betting big—got forced out of the market. Octobers are famous for surprises in crypto, and this week absolutely kept that tradition alive.
Zooming out, CNBC covered how the pullback was sharp: Bitcoin fell more than 8% in just seven days, echoing through Ethereum and XRP markets too. The reason? Analysts at Economic Times point to global market jitters, ETF outflows, and chunky trader liquidations—plus fears around credit tightening in traditional finance that spilled over into riskier assets like crypto. In short, it wasn’t just Bitcoin feeling the pain; the whole digital asset space looked spooked.
But you know crypto doesn’t sleep, and predictions never stop. Changelly analysts still see wild swings ahead, forecasting that Bitcoin could trade anywhere between $104,427 and $121,448 by the end of October, with a potential ROI near 15%. November’s expected minimum is around $108k, but with upside possible to $117k. If you’re looking to dollar-cost average, or just hold onto your Satoshis, the experts say those hills and valleys make every strategy a nail-biter.
Let’s talk sentiment. CryptoPotato and CryptoVizArt flagged some first clear bearish signals as BTC’s price tumbled $20k from its all-time high. But amidst the fear, voices like PlanB on YouTube noted it’s still Bitcoin’s fifth month above $100k, hinting the long-term structure is stronger than it looks. Even as we face flash crashes—Citation Needed called this month’s meltdown the most dramatic ever—some analysts see these events as dress rehearsals rather than doom scenarios. Remember, volatility is the heartbeat of crypto; it shakes weak hands and rewards long-term conviction.
While Bitcoin took center stage, Ethereum wasn’t far behind—slipping to $3,764, and XRP trailed out of the limelight as well. Across the landscape, traders and institutions alike are recalibrating. Some are shifting to stablecoins, others hedging with derivatives, and the bravest souls are seeking bargains in the panic.
And a nod to big-picture thinkers: Coindesk’s market team suggested that while October was muted compared to gold, monetary policy easing from the Fed could be the fuel for the next Bitcoin leg up. They see this week’s choppy water not as a shipwreck but as a setup. Eyes on the horizon, folks—the next breakout could catch a lot off guard.
So hang on to your wallets, tune in to your favorite block explorers, and keep those notifications sharp. Thanks for joining me, Crypto Willy, on this week’s Bitcoin & Cryptocurrency Investment Show. Don’t forget to swing by next week for more clarity, drama, and technicolor crypto commentary.
This has been a Quiet Please production. For more, check out QuietPlease dot A I. See ya next time!
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI
Hey crypto adventurers, Crypto Willy here with your weekly scoop from The Bitcoin & Cryptocurrency Investment Show—powered by Quiet Please. It’s been one wild ride as the fast lanes of blockchain and decentralized finance just delivered one of their bumpiest weeks in recent memory!
Let’s kick things off with the headline: **Bitcoin crashed hard**, diving below $106,000 as bullish bets worth nearly $800 million got absolutely wrecked. According to CoinDesk, Thursday was chaos with over $1.2 billion in leveraged positions getting liquidated. That means a lot of traders—especially those betting big—got forced out of the market. Octobers are famous for surprises in crypto, and this week absolutely kept that tradition alive.
Zooming out, CNBC covered how the pullback was sharp: Bitcoin fell more than 8% in just seven days, echoing through Ethereum and XRP markets too. The reason? Analysts at Economic Times point to global market jitters, ETF outflows, and chunky trader liquidations—plus fears around credit tightening in traditional finance that spilled over into riskier assets like crypto. In short, it wasn’t just Bitcoin feeling the pain; the whole digital asset space looked spooked.
But you know crypto doesn’t sleep, and predictions never stop. Changelly analysts still see wild swings ahead, forecasting that Bitcoin could trade anywhere between $104,427 and $121,448 by the end of October, with a potential ROI near 15%. November’s expected minimum is around $108k, but with upside possible to $117k. If you’re looking to dollar-cost average, or just hold onto your Satoshis, the experts say those hills and valleys make every strategy a nail-biter.
Let’s talk sentiment. CryptoPotato and CryptoVizArt flagged some first clear bearish signals as BTC’s price tumbled $20k from its all-time high. But amidst the fear, voices like PlanB on YouTube noted it’s still Bitcoin’s fifth month above $100k, hinting the long-term structure is stronger than it looks. Even as we face flash crashes—Citation Needed called this month’s meltdown the most dramatic ever—some analysts see these events as dress rehearsals rather than doom scenarios. Remember, volatility is the heartbeat of crypto; it shakes weak hands and rewards long-term conviction.
While Bitcoin took center stage, Ethereum wasn’t far behind—slipping to $3,764, and XRP trailed out of the limelight as well. Across the landscape, traders and institutions alike are recalibrating. Some are shifting to stablecoins, others hedging with derivatives, and the bravest souls are seeking bargains in the panic.
And a nod to big-picture thinkers: Coindesk’s market team suggested that while October was muted compared to gold, monetary policy easing from the Fed could be the fuel for the next Bitcoin leg up. They see this week’s choppy water not as a shipwreck but as a setup. Eyes on the horizon, folks—the next breakout could catch a lot off guard.
So hang on to your wallets, tune in to your favorite block explorers, and keep those notifications sharp. Thanks for joining me, Crypto Willy, on this week’s Bitcoin & Cryptocurrency Investment Show. Don’t forget to swing by next week for more clarity, drama, and technicolor crypto commentary.
This has been a Quiet Please production. For more, check out QuietPlease dot A I. See ya next time!
Get the best deals https://amzn.to/3ODvOta
This content was created in partnership and with the help of Artificial Intelligence AI