Bitcoin fed into “extreme bearish sentiment” as a tight BTC price range fueled daily crypto liquidations of over $200 million.
Bitcoin (BTC) fielded fresh downside predictions Thursday as BTC price action kept long liquidations high.
Key points:
-
Bitcoin price analysis sees lower levels coming amid a lack of a “strong bounce.”
-
High liquidations contrast with the tightly rangebound BTC price behavior.
-
Crypto funds seal a fourth week of net outflows amid “extreme” bearish sentiment.
Analyst expects…
https://cointelegraph.com/news/bitcoin-price-forecast-sees-new-breakdown-as-crypto-liquidates-200m?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound