Bitcoin Market Euphoric, Faces Risk of Pullbacks and Leverage Washouts, Trading Firm...

Bitcoin Market Euphoric, Faces Risk of Pullbacks and Leverage Washouts, Trading Firm Warns as BTC Price Nears $90K

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Source: Coindesk.com

BTC's breakout has the market in a state of euphoria, QCP Capital said. Elevated perpetual funding rates and basis yields suggest potential leverage washouts ahead. Bitcoin Breaks $64K While Gold Soars

Read More https://www.coindesk.com/markets/2024/11/12/bitcoin-market-euphoric-faces-risk-of-pullbacks-and-leverage-washouts-trading-firm-warns-as-btc-price-nears-90k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Market Euphoric, Faces Risk of Pullbacks and Leverage Washouts, Trading Firm Warns as BTC Price Nears $90K" appeared first here Coindesk.com.

Source: Coindesk.com

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