The abrupt uptick came courtesy of exchanges , where a band of shorts were “blown out” to remove resistance and allow higher levels to return.by analyst Skew, these shorts were left over from Bitcoin’s prior moves, and were worth around 1,500 BTC.
“Looks like the previous bounce was shorted heavily & those shorts just got blown out,” part of accompanying commentary stated., total BTC short liquidations for March 29 stood at nearly $20 million at the time of writing.Continuing, monitoring resource Material Indicators noted additional changes on the Binance spot order book.
Source: Digital Coin News (digitalcoinnews.net)
Bears will win probably
Will go right back down lol I
MONKEYS going bananas 🍌 • 0/0 Tax • 100yr Lock • New Meta elonmusk made a list called Monkeys
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