Bitcoin reversal on the cards after $1.7 billion liquidation wave flushed out overleveraged traders
Bitcoin’s Thursday slide was an ideal illustration of a market that misplaced its marginal purchaser after which found, in actual time, how a lot leverage was sitting on prime of that demand. The transfer wasn’t a easy journey decrease; it got here in sharp legs that pushed the worth from $84,400 towards the low-$81,000s in…
