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 Elon Musk goes laser eyes after Biden quits re-election bid July 21, 2024 Will $3.8B Crypto Options Expiry Impact Market Momentum? June 6, 2025 Robinhood eyes crypto futures in US and Europe July 2, 2024