Bitcoin price punishes traders as 24-hour crypto liquidations pass $250M
Bitcoin sparked mass long and short BTC liquidations while staying rangebound around $70,000 as analysis predicted a local support retest.
Bitcoin (BTC) eyed multiday lows into Tuesday’s Wall Street open as analysis warned that bears were trying to “regain control.”
Key points:
Bitcoin is setting up a support retest at the bottom of its local range, says analysis.