To no surprise, Bitfinex is at the bottom of the list. The platform keeps leverage at lower levels than the rest of the market, so liquidation is far less likely on the exchange.
Given the themes surrounding Valentine’s Day, it shouldn’t be too surprising that bears made a showing, and the day turned red in the end. However, Bitcoin has already recovered and is ready for another round.
The bull market has only recently begun so a climax could be a far ways off, according to past cycles. Trajectories point to the leading cryptocurrency by market cap reaching prices of $325,000 per BTC before its all said and done.
Investors who can hold through getting dumped on occasionally like they did this Valentine’s Day, could end up making a lot of money in the end.