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ijazsajid

06/09 18:52

Is Bitcoin primed to leap? – THESE signs point to

Is Bitcoin primed to leap? – THESE signs point to a macro bottom at…

Could the recent dip be the springboard that sets Bitcoin up to leap higher?

  • Bitcoin faced a sharp shakeout, with billions wiped out.
  • Early signs of exhaustion hint at a potential macro bottom, setting the stage for a market reset.

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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