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Bitcoin rises to over $21k, as shorts get squeezed out and returns to pre SVB price levels

March 12, 2023
in Altcoin1
Reading Time: 1 min read
A A
Bitcoin rises to over $21k, as shorts get squeezed out and returns to pre SVB price levels
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  • Bitcoin made a high on March 12, to $21,500, as futures markets prepared to open in the next few hours.
  • Almost $100 million of liquidations occurred in the past 24 hours
  • Markets have been net short Bitcoin in the past few days extensively.
  • While accumulation for spot Bitcoin was also happening at the same time.
Liquidations: (Source: Coinglass)
BTC Price: (Source: ZeroHedge)
BTC Price: (Source: ZeroHedge)

The post Bitcoin rises to over $21k, as shorts get squeezed out and returns to pre SVB price levels appeared first on CryptoSlate.

Credit: Source link

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