Why Did The Bitcoin Price Dip From All-Time Highs?
Digging into leverage dynamics can explain why the bitcoin price dipped below $63,000.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Source: TradingView As published in Wednesday's The Daily Dive #096, bitcoin was up 3.9% in one hour after the Consumer Price Index reading, only to fall again in a series of BTC-margined long liquidations. Total long liquidations for the day were some of the largest....
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