Bitcoin (BTC) Could Trigger Massive Short Position Liquidations if It Hits $70,000 Again

Bitcoin (BTC) is experiencing a significant movement towards the crucial $70,000 price level, sparking keen interest among investors. If Bitcoin manages to hit this price point, a substantial number of short positions will be liquidated. According to CoinGlass data, returning to $70,000 would lead to the liquidation of $1.67 billion in short positions, marking a

Source: CoinOtag