Bitcoin Price Crash Likely Due to Liquidation of Over-leveraged Longs, Says Kain Warwick

Bitcoin Price Crash Likely Due to Liquidation of Over-leveraged Longs, Says Kain Warwick
фото показано с : btcmanager.com

2021-1-12 12:00

With Bitcoin (BTC) price dipping over 28 percent, several crypto stakeholders are trying to explain the reason for the decline. For Synthetix founder Kain Warwick, the reason is most likely tied to optimistic bets in the BTC futures market being caught unawares by periodic profit-taking.

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