An analyst has warned that Bitcoin’s recent liquidation event may not be finished, with remaining leverage potentially pushing prices somewhere between the $70,000 to $80,000 zone.
Bitcoin price stalled as traders considered the impact of Friday’s $14 billion options expiry, with data showing some bullish traders positioning for higher prices.
One analyst found that 40% of Bitcoin is held at a loss, while ETH and SOL data currently stand at 40% and 75% respectively. Should investors be worried?
The Bitcoin CME gaps appear when futures reopen after weekend moves. Understand why they form, how often they fill and what they mean for BTC’s price action.