Bitcoin capitulation ‘twice as weak’ after spot liquidity turns supportive: Glassnode
Bitcoin’s realized losses fell by 46% as increasing bid-side liquidity points to easing sell pressure. Can bulls push BTC price back above $70,000?
Bitcoin News·
Bitcoin spent much of the last 24 hours locked in a tight range ahead of the expected signing of the U.S.–Iran memorandum, oscillating mostly between $65,500–$65,750 despite a brief spike above $66,000. Leverage Liquidations Subside Bitcoin traded sideways on Wednesday as global markets awaited the formal signing of the U.S.-Iran memorandum of understanding on Friday. […]
Read full articleBitcoin’s realized losses fell by 46% as increasing bid-side liquidity points to easing sell pressure. Can bulls push BTC price back above $70,000?
The asset has slipped by over $2,000 since the meeting concluded.
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