[Forecast] "Bitcoin Leverage Ratio Surges... Possibility of Short-term Adjustment Due to Overheating"
Bloomingbit Newsroom
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- It was stated that the supply of Bitcoin is reaching an unsustainable level, and a short-term adjustment is expected.
- Bitcoin is currently trading at $87,000, having shifted downward from the previous target of $90,000.
- It was analyzed that there is a possibility of adjustment due to the increase in the leverage ratio.
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Bitcoin (BTC), which is showing a tremendous upward trend, may soon face a short-term adjustment, according to analysis.
On the 13th (local time), Chris Mazza, CEO of Crypto.com, stated, "The leverage ratio, which refers to the scale of borrowed funds used for trading, is reaching an unsustainable level. It is a point where risk management is necessary," suggesting that a short-term adjustment might occur.
Meanwhile, Bitcoin, which was previously aiming for the $90,000 mark, is currently trading at around $87,000, having shifted downward.
