3 reasons why a Bitcoin rally to $125K could be delayed
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Friday’s flash crash reduced short-term risk appetite but did not affect Bitcoin’s long-term potential, possibly delaying a new all-time high by weeks or even months.
Key takeaways:
Bitcoin’s resilience after Friday’s $19 billion flash crash shows long-term demand remains strong despite short-term risk aversion.
Derivatives traders remain cautious, with arbitrage opportunities and negative funding rates signaling heightened counterparty risk.
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