It may seem like Bitcoin has seen intense volatility over the past two weeks, and that’s true. In the past week alone there was approximately $250 million worth of position liquidations on BitMEX alone, data from crypto derivatives platform Skew.com shows. And in the entire cryptocurrency market, there were likely hundreds of millions more. Yet from a macro perspective, this has been all but consolidation. Brave New Coin’s Josh Olszewicz shared the chart below on […]
