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  The latest episode of The Market Report analyses the recent Bitcoin price correction to $26,000 and what it reveals about the current market structure. 
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 <p>In the <a rel="noopener noreferrer nofollow" title="latest" href="https://thebittimes.com/tag/latest.html">latest</a> episode of Cointelegraph’s <em>The Market Report,</em> analyst Marcel Pechman delves into Bitcoin’s recent drop to $26,000. Derivatives market <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> shows Bitcoin (BTC) options and futures metrics lack signs of professional traders going bearish, and while that doesn’t guarantee a quick return to $29,000 support, it reduces the chances of an extended <a rel="noopener noreferrer nofollow" title="correction" href="https://thebittimes.com/tag/correction.html">correction</a>.</p> 
 <p>Pechman presents a Kaiko data chart on BTC liquidity and volatility, which significantly decreased since the FTX collapse in November 2022. And with no liquidity issues or heightened volatility indicated, did the 11.4% mid-August <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> drop worsen conditions due to the largest futures liquidations since November 2022?</p><iframe width="100%" height="315" src="https://www.youtube.com/embed/KDvd3du5zh0" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> 
 <p>Bitcoin futures premium settled at a neutral 6% after the recent $26,000 crash, signaling balanced demand between leveraged longs and shorts. This aligns with a neutral -7% to 7% BTC options skew, suggesting reasonable downside protection <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>s.</p> 
 <p>Reviewing another article, Pechman discusses macroeconomic analyst Lyn Alden’s take on a common currency proposal among BRICS nations (Brazil, Russia, India, China and South Africa). Alden doesn’t see it succeeding — a view shared by Pechman. However, Alden notes a weakened United States dollar if BRICS use their own currencies for foreign trade, giving unconventional advice to crypto investors.</p> 
 <p>Listen to the full episode of <em>The Market Report</em> on the new Cointelegraph Markets &amp; Research YouTube channel, and don’t forget to click “Like” and “Subscribe” to keep up-to-date with all our latest content.</p> 
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Here’s what the latest Bitcoin price correction reveals

TheBitTimes

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