By DoingCoin – Crypto Community
On January 12, the day the price of Bitcoin dropped from $41,000 to $30,500, over $2.5 billion worth of futures contracts were liquidated. The derivatives market, which was extremely overleveraged and overcrowded, saw a massive reset. Following the shakeout, a pseudonymous trader known as “Byzantine General” said that there is a chance the “bottom” is […]
The post Why this trader thinks the Bitcoin bottom is in based on volume trends appeared first on DoingCoin.
Why this trader thinks the Bitcoin bottom is in based on volume trends