A spike in upside liquidity suggests that Bitcoin (BTC) may be positioning for another short squeeze. Bitcoin’s price teeters on a knife’s edge above $116,506 as of August 7th, facing a colossal $18 billion wall of leveraged short positions. Data from CoinGlass paints a dramatic picture: a fiery liquidation zone looms just shy of $120,000. Will bulls ignite a short …
Read More »Monster short squeeze alert for Bitcoin worth $18 billion
