One Bitcoin trader says “price discovery” will be “inches away” if BTC bulls manage to liquidate $3 billion in short positions.
Key takeaways:
An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace.
Over $3 billion in Bitcoin short positions are vulnerable above $107,000, creating a “liquidation magnet” that could send BTC price to new highs.
Read more