Un net recul déclenche des liquidations sur le marché de la cryptographie
Crypto Un net recul déclenche des liquidations sur le marché de la cryptographie Crypto traders in the UK woke up to a large dump from bitcoin and cryptocurrencies in general, triggering more than $400 million in liquidations. An unexpected reverse After this sharp, and what was for many, a reasonably unexpected pull back, the question in the minds of a lot of traders must be “Is this the start of a typical 30% corrective move for crypto, or is this just a market liquidation event with a move back to the upside to follow？” Source: Trading View Bitcoin had been serenely moving sideways inside a triangle through Friday to Sunday, but at midnight going into Monday all changed. The triangle was broken to the downside and in the space of just 3 hours, the price plunged all the way down to $40,450. Huge liquidations According to CoinGlass, more than $400 million was triggered in liquidations on both the long and the short side. Obviously, far more longs were wiped out than shorts, by a ratio of around 7 to 1. The build up of longs was accumulating due to the thinking that the bitcoin pump was going to go all the way to the $48,000 level. The chances are