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Bitcoin ‘liquidity zones swept’ but uptick in open interest hints at BTC recovery

Bitcoin’s sharp sell-off caught many traders off-guard, intensifying the rate of long liquidations, but data shows bulls stepping in to buy the dip.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin ‘liquidity zones swept’ but uptick in open interest hints at BTC recovery

Bitcoin’s sharp sell-off caught many traders off-guard, intensifying the rate of long liquidations, but data shows bulls stepping in to buy the dip.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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