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Bitcoin Price is $4K Away From Wiping out the Next Wave of Shorts

Bitcoin price action over the past 24 hours.Bitcoin’s price closed last week near $84,000 and flushed an estimated $140 million in short positions, leaving a fresh wall of bearish leverage stacked between $86,000 and $88,000. What Actually Got Liquidated? Nearly $140 million in shorts were liquidated as bitcoin confirmed a weekly close above $83,000. Hours earlier, a heatmap shared by Kook Capital […]

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Bitcoin Price is $4K Away From Wiping out the Next Wave of Shorts

Bitcoin price action over the past 24 hours.Bitcoin’s price closed last week near $84,000 and flushed an estimated $140 million in short positions, leaving a fresh wall of bearish leverage stacked between $86,000 and $88,000. What Actually Got Liquidated? Nearly $140 million in shorts were liquidated as bitcoin confirmed a weekly close above $83,000. Hours earlier, a heatmap shared by Kook Capital […]

(more…)

Leave a Reply

Your email address will not be published.

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Bitcoin Price is $4K Away From Wiping out the Next Wave of Shorts

Bitcoin price action over the past 24 hours.Bitcoin’s price closed last week near $84,000 and flushed an estimated $140 million in short positions, leaving a fresh wall of bearish leverage stacked between $86,000 and $88,000. What Actually Got Liquidated? Nearly $140 million in shorts were liquidated as bitcoin confirmed a weekly close above $83,000. Hours earlier, a heatmap shared by Kook Capital […]

(more…)

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Your email address will not be published.

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