3 reasons why Bitcoin’s drop to $56.5K may have been the local bottom

3 reasons why Bitcoin’s drop to $56.5K may have been the local bottom

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The absence of cascading liquidations, 25% delta skew and the margin lending ratio all suggest that Bitcoin price bottomed at $56,500.



source https://cointelegraph.com/news/3-reasons-why-bitcoin-s-drop-to-56-5k-may-have-been-the-local-bottom

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