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Home / More News / Record Squeeze Drives Bitcoin Price Rally, But $83K Resistance Looms

Record Squeeze Drives Bitcoin Price Rally, But $83K Resistance Looms

  Crypto Today
Record Squeeze Drives Bitcoin Price Rally, But $83K Resistance Looms
Aug. 19 record short squeezeA massive short squeeze on Aug. 19, which is the largest single-day short liquidation event recorded by Glassnode since 2019, catalyzed a bitcoin price rally toward $80,000. Record Squeeze Triggers Price Rebound The massive wave of short liquidations on Aug. 19 served as the primary catalyst for bitcoin’s rapid price rebound, according to blockchain analytics […]

Source: Bitcoin.com News


  Crypto Today