Bitcoin successfully defended its short-term range lows near $114,800 last week, rebounding sharply to close the week higher near $119,580. This resilience followed a swift intra-week drop of nearly 5 percent, which triggered large-scale liquidations. Over $1.1 billion in long positions were wiped out across... The post Bitfinex Alpha | BTC Finds Local Low but Leverage Increasing appeared first on Bitfinex blog.
