Bitcoin traders, despite the Fed not lowering interest rates, are aiming for a $93,500 liquidation sweep. After the Federal Reserve indicated it would not cut rates, Bitcoin retreated from its intraday high, but futures market data suggests traders may be trying to absorb short liquidity around BTC's $93,500 level.
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Bitcoin traders, despite the Fed not lowering interest rates, are aiming for a $93,500 liquidation sweep. After the Federal Reserve indicated it would not cut rates, Bitcoin retreated from its intraday high, but futures market data suggests traders may be trying to absorb short liquidity around BTC's $93,500 level.