Hugeee $BR Bitcoin dropped fast due to leveraged long cascades where automated liquidations amplified a modest dip into a fast flush, $NMR highlighting the risks of high leverage use derivatives. Whilst this might look like bad news, it means that longs can now rebuild and start buying using spot. Leveraged shorts have not been taken out yet and I expect a more violent upwards move as soon as things calm down $BTC
#BinanceLaunchesBinanceIntelligence