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Coinsori

  1. Home
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  3. Bitcoin Suddenly Surges 5%, Shorts Getting Clobbered

Bitcoin stijgt plotseling met 5%, shortposities lijden zware verliezen

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  • K Offline
    K Offline
    kim
    wrote on voor het laatst aangepast door
    #1

    The price of Bitcoin, the leading cryptocurrency, surged sharply higher on Monday, reaching an intraday peak of $69,401.

    According to data provided by CoinGecko, roughly $80 million worth of shorts has been liquidated in mere minutes.

    The Bybit exchange accounts for the biggest share of the liquidations (roughly 20%).

    The cryptocurrency is now approaching the upper boundary of the current range.

    Bitcoin’s previous several attempts to reclaim the $70,000 level ended up failing.

    Is the bottom finally in?

    Fundstrat’s Tom Lee recently went live on CNBC, predicting that crypto is currently in the final stages of setting a bottom. He expects the sector to rally in April.

    MSTR rally

    The shares of Strategy
    M
    MSTR
    also have experienced a substantial rally, surging by more than $139.

    As reported by U.Today, Strategy recently purchased an additional $204 million worth of Bitcoin
    BTCUSD
    .
    source: https://www.tradingview.com/news/u_today:1147b9a5a094b:0-bitcoin-suddenly-surges-5-shorts-getting-clobbered/

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