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 DHS reports 3M illegal immigrant departures, 94% drop in crossings under Trump May 22, 2026 Was Terra’s UST cataclysm the canary in the algorithmic stablecoin coal mine? May 18, 2022 Grayscale lists SUI, TAO, OP, CELO among top “high potential” tokens for Q4 2024 September 27, 2024