Scott Melker challenges liquidation theories in Bitcoin trading
@scottmelker: Melker on Bitcoin liquidation
In the world of cryptocurrency trading, Scott Melker, known for his insights into market dynamics, addresses a common misconception.
He refutes the notion that a fixed amount of long or short positions will be liquidated if Bitcoin reaches a certain price point.
According to Melker, many traders utilize stop losses or manually close their positions, thus avoiding automatic liquidations.
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In the previous news, tweet author Scott Melker discussed the practical aspects of using Bitcoin for life opportunities. Learn more by reading the full discussion on Bitcoins role beyond investments.
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