Bitcoin Surpasses $103,000, Liquidity Shifts Dramatically

12/13/2024 11:20:34 AM

According to MN Academy, Bitcoin's price surged to $103,000 last week, effectively absorbing all the liquidity above recent highs. Within a span of 12 hours, the market dynamics shifted, eliminating all liquidity on the long side. This rapid movement resulted in over a billion USD being liquidated. (Source)

Bitcoin liquidity MN Academy

More from Undefined (@Undefined):

---