Bitcoin eyes either $124k or crash before Christmas as leverage thins

Bitcoin price traded near $113,000 on Monday after a weekend liquidation that wiped more than $1 billion in leveraged longs, with derivatives and macro gauges now central to the next move. Spot hov...

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Bitcoin eyes either $124k or crash before Christmas as leverage thins

Source: CryptoSlate

Bitcoin price traded near $113,000 on Monday after a weekend liquidation that wiped more than $1 billion in leveraged longs, with derivatives and macro gauges now central to the next move. Spot hovers around $112,965 intraday, about 10% below the recent peak, as the market digested last week’s Federal Reserve rate cut and a pick-up […]