$1.1 billion worth of Bitcoin shorts liquidated overnight. 100k shorters rekt
1 min read
Apart from liquidations many shorters were also forced to cover their positions after BTC closed above options strike price 35k.
All this happened over a weekend. Bullish weekend usually leads to even more bullish week. Right now anyone shorting has a serious set of nuts! Based on my analysis, if price closes above 38k today then we’re gonna pump to 43k very soon.
submitted by /u/KAX1107
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