Price Falls With Long Liquidations As proven to be a typical move in the bitcoin market, price fell back under $60,000 as there were $154.5 million in long liquidations yesterday with the majority share of 28% coming from Binance. We covered the potential for another leveraged-longs wipeout move to the downside in
As a new Hodler beginning February 2021 it’s fascinating to see the lack of core selling. One can liken it to massive pension fund credit portfolios that work around occasional deep sell offs in the credit markets. In addition to its scarcity one can see bitcoin continuing to track upward in fiat terms in contrast to fixed income portfolios melting.
As a new Hodler beginning February 2021 it’s fascinating to see the lack of core selling. One can liken it to massive pension fund credit portfolios that work around occasional deep sell offs in the credit markets. In addition to its scarcity one can see bitcoin continuing to track upward in fiat terms in contrast to fixed income portfolios melting.
Not phased one bit.