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In a dramatic move witnessed in the cryptocurrency markets today, assets worth approximately 210 million Dollar were liquidated over a short period of time, significantly impacting major digital currencies such as Bitcoin and Ethereum.
The liquidation of 210 million dollars in crypto assets highlights market volatility, provoking reactions among investors and stakeholders.
The impact on major cryptocurrencies
Market conditions have led to mass liquidations affecting both centralized and decentralized exchanges, characterized by their short duration and impact on major assets such as Bitcoin an

Bitcoin has broken through new record levels, approaching the upper limit of its weekly bullish price channel. This move comes as the digital asset confirms a significant breakout, maintaining a bullish continuation pattern. Traders are closely watching for further consolidation before a potential next bullish phase.
Price movement within the bullish channel
On the weekly timeframe, Bitcoin continues to trade within a bullish channel pattern. The price is now approaching the upper resistance line of this channel. This movement indicates the strength of the current trend, with buyers maintainin

Nakamoto becomes the largest owner of Bitcoin in the world.
The rise in the price of Bitcoin boosts investor confidence, leading to record inflows into Bitcoin exchange-traded funds.
Institutional demand for Bitcoin coin (BTC) is growing, with BlackRock and Fidelity recording significant inflows from exchange-traded funds.
BlackRock is about to become the largest owner of Bitcoin, as it now holds 57% of Satoshi Nakamoto's assets. If the price of Bitcoin rises to $150,000 in the coming months, the company could accumulate more coins than those held by Nakamoto. Eric Balchunas expects BlackRock

The price of Bitcoin is holding below the resistance level of 109,800 Dollar, forming a range between the support at 78,000 Dollar and the breakout zone at 112,000 Dollar.
The Relative Strength Index (RSI) is near 70 and the volume pressure indicates the possibility of bullish expansion or the continuation of limited range movement.
The multi-stage rises of 2023 complete the current stepped structure of Bitcoin (BTC), in an effort to break the resistance level of 112000 Dollar.
Bitcoin continues to stabilize below its all-time highs, trading at around 104,000 Dollar, maintaining its key struct