Bitcoin Leverage Builds as Price Stalls Below $80,000
Bitcoin (BTC) merchants are stacking the lengthy facet of futures by greater than three to at least one, in response to Coinglass. The skew factors to bullish conviction close to $77,500 however raises the specter of compelled promoting on a pointy pullback. The lopsided positioning led to open curiosity in BTC perpetuals sliding roughly 6% to 744,300…
