Post
effizypo1995
The $BTC 80,000 barrier was broken by the bears stabbing themselves in the back:
The liquidation structure explains a lot: 24h BTC short liquidations reached $238 million, while longs were only about $6 million. The leverage the shorts buried below 80,000 all became fuel; last time it was long-on-long liquidation, this time it's short-on-long liquidation
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