Bitcoin teases ‘brutal’ short squeeze as sellers protect $108K


Bitcoin teases ‘brutal’ short squeeze as sellers protect 8K


Bitcoin price action slides between increasingly thick walls of exchange order-book liquidity with just hours to go before two key candle closes.

Key points:

Bitcoin approaches the monthly and quarterly close with a sea of order-book liquidity piling up.

Shorts looked primed to be taken out, analysis argues, with a long-term resistance trend line in focus.

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