Bitcoin fell to $60 thousand without panic liquidations: the market is being squeezed by "institutional stops" and a shortage of systemic demand
Bitcoin managed to fall to $60,000 in a week and bounce back to $69,000, but the nature of the decline alerted the market: the movement was protracted and with almost no "explosion" of liquidations. Analysts' version is that automatic sales of structural crypto products and "institutional stops" could increase the pressure. Against this background, investors are discussing whether there will be a quick reversal or whether the market will be stuck in a wide range for a long time.