Bitcoin sinks to $115,000 after hitting its newest record, as macro concerns spark liquidation wave
The crypto market tumbled to begin the week as heightened macro concerns triggered more than $500 million in long liquidations.
What are the key technical support levels and potential entry points for long positions following the drop to $115,000?
How will the $500 million in long liquidations impact BTC futures, options open interest, and margin requirements?
What macro factors are driving this liquidation wave and how likely are they to persist?
3 days ago