Bitcoin [BTC] long liquidations soar as price crashes below $23k, more inside

Bitcoin’s latest pullback triggers heavy liquidation of leveraged long positions. According to the delta cap metric, Bitcoin’s macro bottom was looming. Bitcoin [BTC] has finally given in to capitulation after struggling to bounce off from support in the $23,000 range. A closer look at the dynamics of its latest bearish outcome revealed that long liquidations may […]