Bitcoin Price Rebounds Amid Slowing Spot Demand


Bitcoin liquidity map identifies key turning points
Bitcoin ( BTC) ) between $75,000 and $73,000 over three hours at the New York market open on Thursday, experiencing a sharp decline that led to the liquidation of futures contracts worth $283 million. This sharp drop pushed Bitcoin toward $75,000, but sustained upward movement requires steady buying volume in the spot market.
Bitcoin Price Rebounds Amid Slowing Spot Demand
The sharp decline from $75,400 to $73,200 triggered a wave of long position liquidations in futures markets, totaling $166 million.
BTC4.06%
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GateUser-e78067b2
· 14h ago
The bullish market is at its peak 🐂
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