Home BlockchainCrypto Liquidations Steal The Show With Bitcoin Stuck Below $70,000

Crypto Liquidations Steal The Show With Bitcoin Stuck Below $70,000

by CoinTelegraph
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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

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