Bitcoin Short-Term Holder Shakeout Could Accelerate Recovery Above Key Level – Decrypt
In brief Bitcoin’s 1-3 month holders have swung from a +25% profit in May to a -25% loss in December. A break above $93,321 would liquidate roughly $570 million in leveraged short positions. The 25-delta options skew has risen, showing reduced but persistent demand for downside protection. A sharp reversal in fortunes for Bitcoin’s newest...
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