Bitcoin at ‘perfect’ macro setup, but dip below $58K risks $500M in liquidations


$ 102,902.2
€ 88,977.2
¥ 38,800.0
£ 76,132.3
BTC
3.44 %
$ 2,297.93
€ 1,987.51
¥ 866.46
£ 1,699.58
ETH
5.24 %
$ 299.70
€ 259.04
¥ 113.08
£ 221.64
XMR
1.30 %
$ 82.56
€ 71.35
¥ 31.13
£ 61.05
LTC
5.44 %

Bitcoin could gain significant traction from the growing M2 money supply, but a correction below $58,000 is still on the table before more upside.