Quick Take Bitcoin has been experiencing a prolonged period of consolidation since reaching its all-time high of over $70,000 in March. This downward chop phase has drawn comparisons to the price action of around $9,000 in 2019. Analyst Checkmate has noted that these price swings are becoming “larger and more sustained,” suggesting that the current […]
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Traders’ leveraged bets on Bitcoin’s $60,000 level drive market volatility