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Bitcoin price spike to $64.5K was ‘low-volume liquidity trap’: Analysis

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 8 Views

Bitcoin price spike to $64.5K was ‘low-volume liquidity trap’: Analysis

Bitcoin derivatives markets created a short squeeze that took BTC price action 3% higher on Monday.

Bitcoin (BTC) short liquidations hit their highest in almost one month as it hit $64,500 on Monday, new data reveals.


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