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stockvaper

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stockvaper

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Saturday, 12/04/2021 6:04:06 AM

Saturday, December 04, 2021 6:04:06 AM

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Bitcoin selloff was exacerbated by high leveraged positions - Stop Losses triggered

Analysts suggested that much of the selling pressure in the Bitcoin market was on the cash side, which was exacerbated by high leveraged positions on Bitcoin derivatives by traders. The instant crash in prices to $42,000 was a result of traders’ stop-loss being triggered on their derivative positions.

"However long term investors should be buying on these long liquidation cascades which are essentially forced and non-organic selling," said I ..

https://economictimes.indiatimes.com/markets/cryptocurrency/bitcoin-cracks-10000-in-an-hour-as-crypto-sell-off-intensifies/articleshow/88087979.cms
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