3 reasons why Bitcoin’s drop to $56.5K may have been the local bottom Post author:MiamiCrypto Post published:November 20, 2021 Post category:Bitcoin options / deribit / derivatives / Liquidations / margin trade / Markets / okex / skew The absence of cascading liquidations, 25% delta skew and the margin lending ratio all suggest that Bitcoin price bottomed at $56,500. You Might Also Like Analysts identify 3 critical flaws that brought DeFi down June 30, 2022 Price analysis 4/1: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE April 1, 2022 Salesforce Web3 to help brands build trusted and scalable NFT programs March 15, 2023