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Bitcoin (BTC) has recently reached a new yearly high of $42,100, causing concerns among market participants about a potential correction and subsequent liquidation sweep. Technical analysis expert Justin Bennett acknowledges Bitcoin’s impressive performance but warns of a possible second capitulation and liquidity sweep that could drive the price down to $25,000. A liquidity sweep refers to a sudden and drastic price move that aims to clear out excess leverage and trigger liquidations. This could have a cascading effect, causing the price to drop further. However, despite the potential correction, Bennett suggests that this could be the last difficulty before the continuation of the bull run, especially if Bitcoin spot exchange-traded funds (ETFs) applications are approved by the US Securities and Exchange Commission (SEC). The halving of Bitcoin and historical trends also indicate a promising outlook for the cryptocurrency. In other news, El Salvador’s investments in Bitcoin have proven profitable, with President Nayib Bukele announcing that the country would not only recover its initial investment but also make a profit of $3,620,277.13 if it were to sell its Bitcoin holdings at the current market price. Bukele emphasized that the assessments of losses were based on the cryptocurrency’s market price at the time of evaluation and that El Salvador remains committed to its long-term strategy of holding Bitcoin. At the time of writing, BTC is trading at $41,200, reflecting a notable price increase of 3.8% over the past 24 hours and 12% over the past seven days.