empty
InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
11.03.2025 01:16 AM
Bitcoin at Risk: Will the Trend Reverse After Mass Liquidations?
Open trading account Open demo account

The past few weeks have posed a significant challenge for Bitcoin. In just a few days, its price fell below $85,000, leading to a wave of liquidations and causing investor panic. This represents a 14% decline compared to levels from the previous week, raising concerns about the potential end of the current bullish cycle.

The main reason for this drop was the mass closure of long positions on major cryptocurrency exchanges. According to Coinglass, total liquidations in the past 24 hours reached $619 million, marking one of the largest figures seen in recent months.

Notably, Bybit and Binance accounted for most forced liquidations, with Bitcoin leading among liquidated assets, followed closely by Ethereum.

But is this the beginning of a large-scale bear market, or just a temporary pause before another upward surge? Let's analyze the situation.

This image is no longer relevant

Are Bitcoin Holders Ready for a New Breakthrough?

Despite the panic, analytical indicators suggest a possible recovery. One key signal is the Cumulative Value Days Destroyed (CVDD) indicator, which tracks long-term holder activity and capital movement. According to CryptoQuant, this metric signals the potential start of a new bullish trend.

What does this mean in practice? If Bitcoin holds above $80,000 and consolidates within the $84,000 – $86,000 range, the likelihood of a new upward move increases significantly. In this case, BTC could set its sights on $100,000.

However, if selling pressure persists and Bitcoin falls below $80,000, it could trigger a further decline. Critical support levels in this scenario are $78,000 and $72,000.

Liquidations and Investor Fear: What Do the Numbers Say?

According to Coinglass, over the last 24 hours, liquidations affected more than 222,000 traders, with long position holders suffering the most losses. In total, $527 million worth of long positions were liquidated, compared to just $93 million in short positions. This indicates that the market experienced a sharp surge in volatility, forcing inexperienced traders to capitulate.

Market sentiment has also been heavily impacted by the Fear & Greed Index, which has dropped to 20, signaling extreme fear among participants. Historically, such moments have often marked local reversals and the beginning of new growth. However, Bitcoin could remain under pressure this time without a strong catalyst.

Why Isn't the Market Reacting to Fundamental Drivers?

The market remains sluggish despite a series of positive developments—including creating a strategic Bitcoin reserve in the U.S. and a crypto summit at the White House. Analysts at Matrixport highlight the lack of significant interest from retail investors and low funding rates for Bitcoin, Ethereum, and Solana futures as key issues. This suggests that bullish momentum has not yet gained sufficient strength.

During periods of strong growth, funding rates typically reach high double-digit figures, whereas they currently remain at moderate levels. Even Donald Trump's inauguration, previously considered a potential catalyst for Bitcoin's rise, has not led to significant market movement.

Conclusion: What's Next for Bitcoin in the Coming Weeks?

Bitcoin is at a critical juncture: it must either consolidate above $84,000 and regain bullish momentum or break below $80,000 and continue its downward correction. In the coming weeks, investors should closely watch the following key levels:

  • Above $86,000: Confirmation of an uptrend, with a target of $100,000 and potentially $128,000.
  • Between $80,000 – $84,000: A zone of uncertainty where bulls and bears will battle to control the market's direction.
  • Below $80,000: There is a high risk of further decline, with potential targets at $78,000 – $72,000.

This current uncertainty presents opportunities for both traders and long-term investors. However, given the high volatility, caution and risk management are essential. Bitcoin remains the most dynamic asset in the market, meaning surprises are still ahead.

Ekaterina Kiseleva,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Analytical News
US Market News Digest for April 30 US stock indices remain on a positive trajectory, but market pressure has intensified due to a sharp drop in Super Micro shares and the upcoming earnings reports from tech heavyweights
Ekaterina Kiseleva
11:13 2025-04-30 +02:00
1015
Stock Markets
Stock Market for April 30th: S&P 500 and NASDAQ Continue Clinging to Any Positive News At the close of the previous regular session, U.S. stock indices finished in positive territory. The S&P 500 rose by 0.58%, and the Nasdaq 100 gained 0.55%. The Dow Jones
Jakub Novak
11:10 2025-04-30 +02:00
1060
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Trading Recommendations for the Cryptocurrency Market on April 30

Bitcoin and Ethereum buyers continue to take advantage of the good moments of the market decline and buy it out quickly, as demonstrated today during Asian trading. Importantly, Bitcoin
Miroslaw Bawulski 08:57 2025-04-30 UTC+2

BTC/USD Analysis on April 29, 2025

The wave pattern on the 4-hour chart of the BTC/USD has become somewhat more complex. We observed a corrective downward structure that completed its formation around the $75,000 mark. After
Chin Zhao 11:30 2025-04-29 UTC+2

$200,000 for Bitcoin by Year-End

While Bitcoin is still struggling to break through the $95,000 level — despite all the conditions being in place — Standard Chartered believes that in the second quarter, the leading
Jakub Novak 11:09 2025-04-29 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 29

Bitcoin and Ethereum Buyers Are Trying to Control the Market — and So Far, They're Doing Quite Well However, it's important to note that the longer we remain below $95,000
Miroslaw Bawulski 08:51 2025-04-29 UTC+2

Bitcoin at the Start of a New Rally: When to Expect $120,000 and Beyond

After a week full of turbulence, the cryptocurrency market seems to have taken a deep breath. The Fear and Greed Index has been recorded at 51 — a rare neutral
Ekaterina Kiseleva 01:15 2025-04-29 UTC+2

XRP futures to launch on May 19

Over the weekend, Bitcoin experienced a brief dip but soon returned to the $94,000 level. Ether also faced some pressure, but managed to hold its ground. Surprisingly, XRP saw only
Jakub Novak 16:14 2025-04-28 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 28

Bitcoin is being pressured, but it still holds up quite confidently. After rebounding from the $92,000 mark, the first cryptocurrency returned to the $94,000 area, maintaining good growth prospects
Miroslaw Bawulski 08:19 2025-04-28 UTC+2

Bitcoin – Technical Situation Analysis

Currently, bullish players are attempting to change the situation and achieve bullish optimism for April. Last week, resistance at the final level of the weekly Ichimoku cross (93344) was tested
Evangelos Poulakis 03:51 2025-04-28 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 25

Yesterday's unsuccessful attempt to stay above $94,000 demonstrates that there is still significant buying interest. Ethereum is also holding up quite well, although yesterday's correction during the European session likely
Miroslaw Bawulski 08:56 2025-04-25 UTC+2

Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday April 25, 2025.

With the condition of the Stochastic Oscillator indicator which is already above the Overbought level (80) even though it is currently still moving above the WMA (30 Shift 2) which
Arief Makmur 07:02 2025-04-25 UTC+2

Top analytics

Relevance up to 20:00 UTC--4
EUR/USD Overview – April 30: The Main Mystery of 2025 Revealed
03:29 2025-04-30
Fundamental analysis
Relevance up to 23:00 UTC--4
How to Trade the EUR/USD Pair on April 30? Simple Tips and Trade Analysis for Beginners
06:04 2025-04-30
Trading plan
Relevance up to 20:00 UTC--4
GBP/USD Overview – April 30: The Illusion of U.S. Democracy and Trump's Impeachment
03:29 2025-04-30
Fundamental analysis
Relevance up to 00:00 UTC--4
What to Pay Attention to on April 30? A Breakdown of Fundamental Events for Beginners
06:28 2025-04-30
Fundamental analysis
Relevance up to 02:00 UTC--4
EUR/USD: Simple Trading Tips for Beginner Traders on April 30. Review of Yesterday's Forex Trades
08:31 2025-04-30
Forecast
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.