October was expected to be a record breaking month for Crypto- instead,it become one of the most destructive history. Bitcoin soared to a new all-time high above $126000 before a geographical shock triggered over $19 billion in liquidations,cruising traders and sending prices tumbling.by months in grip the market, but analysts say the purge of leverage may have created a healthy are foundation for recovery. with the Federal Reserve cutting rates and ending quantitative tightening, liquidity turn to risk assets.
Let's hope so. I have little sympathy for all these people using leverage. It is like playing with a lit stick of dynamite as the last X hundreds of years have shown and the last nearly 16 years with bitcoin have confirmed.
