#USTariffs #bitcoin Bitcoin bulls brace for recovery as over $10B in liquidations signal market reset
Bitcoin’s market has seen a major reset, with over $10 billion in open interest wiped out in just two months, leading analysts to believe that a Bitcoin price recovery is imminent.According CryptoQuant analyst Darkfost’s latest market analysis post on X, on Jan. 17, Bitcoin’s Bitcoin
-0.77%
Bitcoin open interest hit a record $33 billion, signaling extreme leverage in the market. However, political uncertainty tied to former U.S. President Donald Trump’s recent actions led to a wave of liquidations.
