Bitcoin’s price ( BTC ) broke below its 55-day support at $27,000 on May 12. As a result, the two-day, 7% correction to $26,155 caused $100 million worth of long BTC futures contracts to be liquidated. However, Bitcoin margin and futures markets displayed strength during the down-move, fueling hope of…Read More
Bitcoins dive under 27K liquidates 100M So why arent margin traders flipping bearish
