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Cointelegraph

Bitcoin price spike to $64.5K was ‘low-volume liquidity trap’: Analysis

Bitcoin derivatives markets created a short squeeze that took BTC price action 3% higher on Monday.Bitcoin (BTC) short liquidations hit their highest in almost one month as it hit $64,500 on Monday, new data reveals.Key points:Read more

Photo: Cointelegraph

Bitcoin derivatives markets created a short squeeze that took BTC price action 3% higher on Monday.Bitcoin (BTC) short liquidations hit their highest in almost one month as it hit $64,500 on Monday, new data reveals.

Key points:

Read more

Originally published by Cointelegraph. Read the full story at the source →

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