Bitcoin Losing $60K Handle May Trigger Wave of ETF Liquidations: Analyst

Bitcoin Losing $60K Handle May Trigger Wave of ETF Liquidations: Analyst

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Source: Coindesk.com

Buyers of the U.S. spot BTC ETFs have an average entry price between $60,000 and $61,000 and a break below the range could bring a wave of liquidations, 10x Research said. The institutional wave of ETF buying has yet to arrive, wrote Markus Thielen.

Traders often mistakenly cite round numbers as

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Source: Coindesk.com

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