Cryptocurrencies Price Prediction: Bitcoin, Stellar & Litecoin – American Wrap 4 January
|Bitcoin price dip to $27K costs Binance long traders a record $190M in liquidations
Bitcoin (BTC) crashing to $27,700 and rebounding seconds later was a shock for some and financial ruin for others, data shows.
According to on-chain analytics resource Glassnode, futures traders with long positions lost a total of $190 million on Binance alone in a single hour — the most in history.
XLM Price Prediction: Stellar explodes 25% but correction seems imminent
Stellar was trailing behind Bitcoin and was trading in a daily downtrend. However, in the past 24 hours, bulls have managed to push Stellar price above several resistance points with a 25% pump.
Litecoin Price Prediction: Following Bitcoin, both for the good and bad
Litecoin has been one of the best performing cryptocurrencies in recent weeks.
The LTC/USD pair has accumulated a 108% gain since the end of November, a time during which it has enjoyed the tailwinds that the all-powerful Bitcoin has generated.
Litecoin has been on this upward path, relying on a bullish channel that it had broken in yesterday's upper bound.
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