Bitcoin’s Jan. 6 surge past $94,000 quickly reversed to $91,500 erasing over 2% and triggering $96.5 million in long liquidations as total crypto market cap slipped by $70 billion. While skeptics framed the initial surge as a “dead cat bounce,” institutional inflows of $1.1 billion into spot exchange-traded funds and metrics showing strong accumulation suggest […]
Source: https://news.bitcoin.com/bitcoin-retreats-to-91500-as-analysts-debate-dead-cat-bounce-vs-accumulation/
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