Bitcoin longs risk mass liquidations in a snap market reversal, analysis warns after new BTC price records follow FOMC.
Bitcoin (BTC) circled $76,000 on Nov. 8 as “high leverage liquidity” formed around spot price.
BTC/USD 1-hour chart. Source: TradingView
Data from Cointelegraph Markets Pro and TradingView showed modest BTC price gains mostly holding after the daily close.