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Danila
@danilabodrov
Bitcoin can liquidate $15B in shorts with 10% BTC price uptick — Data Bitcoin traders eye key levels to hold and reclaim into the weekly close, but the chances of a major liquidity grab are growing. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cementing its rebound after a trip to $100,500 on June 5. Now almost back at its weekly open level, Bitcoin again inspired traders to bet on upside continuation and resumption of the bull run. “On the Daily timeframe, Bitcoin is showcasing signs of breaking its two-week Downtrend (light blue) while also turning it into support earlier today,” popular trader and analyst Rekt Capital told X followers while uploading a chart with key levels. “Daily Closing & retesting ~$106600 (black) would be even better to enable trend continuation.” https://cointelegraph.com/news/bitcoin-can-liquidate-15b-shorts-10-btc-price-uptick-data
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