Crypto 350
06/09 18:07
Could the recent dip be the springboard that sets Bitcoin up to leap higher?
The last two weeks dealt Bitcoin [BTC] a serious shakeout.
Sell orders flooded the perpetual swap market, triggering a brutal cascade of long liquidations that wiped billions off the board and slashed Open Interest by over $10 billion from its $80 billion peak.
That said, signs of exhaustion are starting to surface. According to AMBCrypto, the puzzle pieces are falling into place for a potential macro bottom.
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