Bitcoin Bounces Back: Can Bullish Momentum Hold or Has the Market Topped?
Yahoo Finance·2025-11-06 03:54
After a gut-wrenching 48 hours for Bitcoin investors that saw the price of BTC briefly dip below 2 billion in total crypto liquidations during yesterday’s flash crash, mostly from long positions, represents one of the largest flush-outs of leveraged positions this year. This event seems to have marked at least a temporary bottom, clearing out skittish investors and overleveraged traders. ...