Bitcoin (BTC) Shows Buy Signal, but Downside Risk Remains

Amid the general market decline, 97,602 traders have liquidated in the past 24 hours, with the combined liquidation value reaching $274.73 million. The leading coin, Bitcoin (BTC), has extended its decline, slipping by 1%, while its trading volume plummeted by 20% during the same period. Interestingly, a key on-chain metric has flashed a buy signal, suggesting an opportunity for BTC... source: https://beincrypto.com/bitcoin-shows-buy-signal/