Skip to content

Bitcoin

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

Josh1 min read

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 […]

Source: https://news.bitcoin.com/market-updates/bitcoin-price-140m-shorts-liquidated-88k/

Market Analyst

Josh

This author has not added a bio yet.

View all analysis