maartunn

Short Liquidations on the highest level in 15 months

As the title already suggest, there was some volatility today on Bitcoin. ▶ Around the opening time of US Stock Market short positions started to roll over. An aggregated amount of $320 million have been liquidations in the hours after. This is the highest amount for months, making it an important trading day. ❓The main question for now: Will bulls have enough strength to keep prices above the $20000-price level and turning it in support? 🤔 It will be very important, given the monthly close will be in a few days. Make sure to keep an eye on the most important onchain indicators to get the answer!