Bitcoin is facing a major short squeeze around the $112,000 price level, according to the latest statistics from analytics website Coinglass. The largest cryptocurrency by market capitalization is currently trading around $92k, down from a major price drop earlier this month. The sudden price tank liquidated billions of dollars in longs and pushed the index […]Bitcoin is facing a major short squeeze around the $112,000 price level, according to the latest statistics from analytics website Coinglass. The largest cryptocurrency by market capitalization is currently trading around $92k, down from a major price drop earlier this month. The sudden price tank liquidated billions of dollars in longs and pushed the index […]
$15 Billion Short Positions to Liquidate if Bitcoin Recovers to $112,000
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Bitcoin is facing a major short squeeze around the $112,000 price level, according to the latest statistics from analytics website Coinglass. The largest cryptocurrency by market capitalization is currently trading around $92k, down from a major price drop earlier this month. The sudden price tank liquidated billions of dollars in longs and pushed the index […]
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