Bitcoin is trapped on a “liquidation treadmill” where risky positions are being systematically hunted

Bitcoin’s recent price action had a familiar signature: leverage built on the bounce, funding turned supportive for longs, then the market ran the nearest pockets of fragility until forced selling took over. BTC bouncing up and down in the $80,000 range is a result of futures positioning. Data showed roughly $794 million in Bitcoin long The post Bitcoin is trapped on a “liquidation treadmill” where risky positions are being systematically hunted appeared first on CryptoSlate.