The excess of longs and the potential "bull trap" led to a correction of Bitcoin to the level of $100,000.
Concerns about recession and questions regarding custodial services hinder the first cryptocurrency from returning to $110,000. Bitcoin began to recover on June 6, approaching $105,000 after a recent drop to four-week lows.
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The excess of longs and the potential "bull trap" led to a correction of Bitcoin to the level of $100,000.
Concerns about recession and questions regarding custodial services hinder the first cryptocurrency from returning to $110,000.
Bitcoin began to recover on June 6, approaching $105,000 after a recent drop to four-week lows.