Here’s why Bitcoin losing $6K in hours was good for BTC price action Post author:MiamiCrypto Post published:November 11, 2021 Post category:Bitcoin / BTC price Derivatives exchanges hosted a “shake out” of positions that quickly reset funding rates to healthy levels. You Might Also Like Funds Are SAFU: Binance Pauses Bitcoin Withdrawals Due to Network Backlog June 13, 2022 Bitcoin ETF Issuers Acquire Over 86,000 BTC, Valued at $3.63 Billion January 23, 2024 Bitcoin, Ethereum Technical Analysis: BTC Slips to 10-Month Low, Below $33,000 May 9, 2022