Bitcoin Bears Enhance Shorts, Will Bulls Liquidate Them And Reverse BTC Value?
Key takeaways: Over-leveraged Bitcoin quick positions between $63,000 and $66,000 have created a possible $2.6 billion squeeze entice for bears. Damaging perpetual funding charges point out that bulls have absolutely deleveraged, considerably lowering draw back danger. The Bitcoin (BTC) crash to $61,100 on Friday worn out $335 million in leveraged lengthy positions. Nonetheless, after a…
