![This Time Its Different, BTC Slump Not Caused by Leverage Flushout: Analyst This Time Its Different, BTC Slump Not Caused by Leverage Flushout: Analyst](https://cryptopotato.com/wp-content/uploads/2024/01/Bitcoin_Decrease_red.jpg)
This Time Its Different, BTC Slump Not Caused by Leverage Flushout: Analyst
Bitcoin prices slumped to a nine-week low just below $57,000 on May 1, shedding a further 4% on the day. The asset has now bled a whopping 11% since the same time last week. Market dips and flush-outs are not uncommon for crypto assets, but Glassnode analyst James Check thinks this time is different. Large…