BTC price to attack $80K shorts on Iran peace deal: Five things to know in Bitcoin this week
60-second summary
Bitcoin traders predict a short squeeze to $80,000, but a lack of overall demand and the return of leverage sparks warnings of more liquidation events to come, potentially triggering a cascade of selling and further price drops. This scenario could lead to a perfect storm of market volatility, exacerbating existing losses for investors.
Bitcoin traders predicted a short squeeze to $80,000, but a lack of overall demand and the return of leverage sparked warnings of more liquidation events to come.