Why did $BTC fall below $70K, and who was buying? 📉
BTC: $68,464, −6.8%
Dollar index: above 103, a 19-month high
Liquidated in 24h: $1.23B, 96% of BTC's were longs
But on the biggest US exchange, BTC bids within 1% of price hit $23.3M vs $13.9M asks. That's the largest in our daily scan.
Tue $12.9M → Wed $14.4M → Thu $16.7M → Fri $23.3M
Leverage out. Spot bids in. Bids aren't buys, though.
Do they hold through PPI at 13:30 UTC? 👇
#Bitcoin #BTC #CryptoMarket
BTC: $68,464, −6.8%
Dollar index: above 103, a 19-month high
Liquidated in 24h: $1.23B, 96% of BTC's were longs
But on the biggest US exchange, BTC bids within 1% of price hit $23.3M vs $13.9M asks. That's the largest in our daily scan.
Tue $12.9M → Wed $14.4M → Thu $16.7M → Fri $23.3M
Leverage out. Spot bids in. Bids aren't buys, though.
Do they hold through PPI at 13:30 UTC? 👇
#Bitcoin #BTC #CryptoMarket
