Bitcoin has room to trend higher in less leveraged market: Sta | Bitcoin & Crypto Trading
Bitcoin has room to trend higher in less leveraged market: Standard Chartered
Bitcoin, along with the rest of the cryptocurrency market, may trend higher following the liquidation of highly elevated leveraged positions before the halving, an analyst said Tuesday. The week leading up to last Saturday's bitcoin halving saw a flush-out of a substantial amount of leveraged long positions, when bitcoin fell to a recent low below the $60,000 level.
