Bitcoin Eyes New August Lows As Binance Longs Face A ‘Cleanout’

Criptoinforme

Factuality

Ownership

Bitcoin is undergoing a phase of readjustment in its internal market structure after the recent correction eliminated a significant part of the leverage accumulated in long positions. The movement has reduced the vulnerability of the bulldozers to new forced liquidations and has again led the market to a zone of greater equilibrium.The analysis published by CryptoQuant points out that the Binance Squeeze Risk Oscillator fell below the threshold …