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3232Bitcoin ‘cascading long squeeze’ to blame for slump to $60K
https://www.digit.info/bitcoin-cascading-long-squeeze-to-blame-for-slump-to-60k/
Tue, 25 Jun 2024 05:51:46 +0000https://www.digit.info/2024/06/25/bitcoin-cascading-long-squeeze-to-blame-for-slump-to-60k/
An increasing number of traders entering new long positions was the “fuel” behind Bitcoin’s slump to $60,000, according to a Bitcoin analyst Willy Woo.