The crypto world is abuzz with the news that Bitcoin liquidations have vanished in a flash as BTC price shuns volatility. Traders are hopeful that this will be the start of an upward trend, and they’re hoping for prices to hit $30K before any dip occurs. This could be great news for those who have been holding onto their investments or even those looking to make new ones.
Recent data shows that there has been a significant decrease in liquidations over recent weeks, which suggests traders may be more confident about investing again after seeing some stable returns to the market. The fact that Bitcoin prices haven’t seen much movement also indicates investors are taking a wait-and-see approach rather than trying to capitalize on short-term gains as they did during last year’s bull run.
It remains unclear what will happen next but it appears traders are optimistic about reaching $30K before any dip occurs and if this happens then we could see further growth from hereon out as confidence returns to the market once again. In addition, increased regulation by governments around the world should help ensure these types of volatile swings don’t occur too often going forward, which would provide greater security for investors both old and new alike when it comes time to invest in cryptocurrencies, such as Bitcoin, once again.
Read more at Cointelegraph
