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Bitcoin Price Soars Above $65K - We are a hair away from major short liquidations - Is This the Start of a New Bull Run?

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by COINS NEWS 91 Views

Hey r / cryptocurrency

The current market is quite crazy. A few days ago, everyone was still in bear market mode. BTC is showing a lot of strong volume that allowed it break past the $64k resistance. ( a tweet from a few hours ago)

If we look at the liquidation heat map. Most short liquidation will happen above $67k.

What do you think will we dip back to $55k or break above $70k?

Either way IMO good things will happen for those that just keep on holding till euphoria stage.

submitted by /u/xtarsy
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