Baro Virtual
BTC leverage ratio. Source: Cryptoquant

This short article was published on June 29, 2021 in my Quicktake from Cryptoquant.

My take on leverage in Bitcoin:

The maximum leverage value was recorded on July 21, 2020 and since then Bitcoin has grown significantly, but the leverage level has continued and still continues to decline globally.

Therefore, BTC is facing challenges to grow right now. In my opinion, leverage in BTC…