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Bitcoins Bear Market control

The crypto market remains under strain after $19 billion in liquidations on Oct. 10 in turn erased over $1 trillion from the total market value of all cryptocurrencies, CoinGecko data shows. The liquidations keep coming, with more than $1 billion worth of leveraged crypto bets wiped out in the past 24 hours, according to CoinGlass data. Bitcoin fell further below the $100,000 mark as a bout of risk aversion sweeping across markets saw investors pull nearly $900 million from funds investing in the token.  The largest digital-asset sank as much as 2.8% to below $96,000 on Friday before paring losses, leaving it more than 20% below a record high reached in early October.  Liquidity has also thinned sharply. Market depth — the market’s capacity to absorb large trades without suffering big price swings — has fallen roughly 30% from this year’s high. Do you expect bitcoin to rebound any soon ?

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