Bitcoin Moves Spark $250M in Daily Crypto Liquidations

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Bitcoin sparked mass long and short BTC liquidations while staying rangebound around $70,000 as analysis predicted a local support retest.

Bitcoin eyed multiday lows into Tuesday’s Wall Street open as analysis warned that bears were trying to “regain control.”

Bitcoin is setting up a support retest at the bottom of its local range, says analysis.

Bears want “control” again, with liquidations impacting both long and short traders.

An ongoing lack of demand is adding to Bitcoin bulls’ problems.

Bears battle for local BTC price trend


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