Bitcoin shows strength for further upside as it consolidates on $100k — Bitfinex

Bitcoin’s (BTC) 14% weekly correction after surpassing the $100,000 threshold does not invalidate its potential for further upside as key price metrics cooled down, according to the latest edition of the “Bitfinex Alpha” report. The correction wiped out over $1.1 billion across centralized exchanges, with $815 million involving long positions, including $419 million directly tied […]