$1.1 billion worth of Bitcoin shorts liquidated overnight. 100k shorters rekt
Apart from liquidations many shorters were also forced to cover their positions after BTC closed above options strike price 35k.
All this happened over a weekend. Bullish weekend usually leads to even more bullish week. Right now anyone shorting has a serious set of nuts! Based on my analysis, if price closes above 38k today then we're gonna pump to 43k very soon.
submitted by /u/KAX1107
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