Bitcoin ‘significantly de-risked here’ as nearly 80% of cyclical price correction is done
Bitcoin's futures market is showing signs of recovery following weeks of price correction. The leverage ratio in the BTC-USDT futures market has halved since early 2025 due to significant liquidations, resulting in a healthier market reset. Bitcoin's open interest has also decreased by 28%, indicating a strong deleveraging event. Despite potential short-term volatility, this positions Bitcoin for greater stability in the long term. Analyst Sina notes that Bitcoin has likely completed 75-80% of its correction from an all-time high of $109,000 to $74,500. His worst-case scenario suggests a decline to $70,000, assuming no recession occurs. Meanwhile, Axel Adler Jr. expects Bitcoin to move sideways within a price range of $75,000 to $96,000, emphasizing the need to stay above the 365-day moving average to avoid new yearly lows below $74,500. Investors are advised to conduct their own research before making trading decisions.
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