01-08-2020, 06:18 PM
For a second consecutive year, long liquidations dwarfed that of shorts by more than two-fold. In 2018, long liquidations reached $11 billion by the year’s end while short liquidations hovered at $5 billion. In 2019, long liquidations have totaled nearly $13 billion.
What precedent does it set for the trend of Bitcoin in 2020?
Still, it may establish a sluggish precedent for bitcoin heading into 2020. The sentiment around the market could struggle to recover until the block reward halving of bitcoin occurs in May 2020.
What precedent does it set for the trend of Bitcoin in 2020?
Still, it may establish a sluggish precedent for bitcoin heading into 2020. The sentiment around the market could struggle to recover until the block reward halving of bitcoin occurs in May 2020.