#Bitcoin just flushed a lot of leverage.
$BTC dropped toward $83K, wiping out a large number of long positions.
Then the bounce toward $84K squeezed some of the shorts that entered near the lows.
That means leverage has been cleared on both sides, giving the market a cleaner setup.
#BTC Price Analysis#
$BTC dropped toward $83K, wiping out a large number of long positions.
Then the bounce toward $84K squeezed some of the shorts that entered near the lows.
That means leverage has been cleared on both sides, giving the market a cleaner setup.
#BTC Price Analysis#
