Bitcoin’s selloff is creating the short-heavy setup that could reverse it fast
Bitcoin is enduring a multi-front assault on its spot market liquidity as exchange-traded funds, short-term speculators, and cryptocurrency miners simultaneously distribute assets. This coordinated selling pressure has drained market demand at the fastest pace since the 2022 collapse of the Terra/Luna ecosystem. As a result, BTC’s price has tanked 12% over the past week, pushing...
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