Cryptoquant statistics indicate that massive long liquidations triggered the recent 10% bitcoin price plunge. Bitcoin prices dropped vastly when over $23 million worth of bitcoin longs were liquidated yesterday. It is very likely that the liquidations reduced investor confidence for some time. However, charts indicate that bitcoin is slowly recovering. Bitcoin $23 Million Longs Liquidation
Source and More information: Massive Bitcoin (BTC) Longs Liquidation Stirs Price by Over 10%
Author: BTCManager.com
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