Bitcoin breaks above $69,000…$100 million in short positions liquidated in 90 minutes

Source

Suehyeon Lee

Summary

It reported that large-scale short liquidations occurred as Bitcoin (BTC) reclaimed the $69,000 level.
It said that over the past 90 minutes, about $100 million worth of crypto-asset (cryptocurrency) short positions were liquidated.
It noted that Bitcoin extended its upward momentum by breaking above $69,000, and is trading at $69,172.21, up 2.86% from the previous day.

Forecast Trend Report by Period

Large-scale short liquidations occurred as Bitcoin (BTC) reclaimed the $69,000 level.

According to Watcher Guru on the 5th (local time), about $100 million worth of crypto-asset (cryptocurrency) short positions were liquidated over the past 90 minutes.

Bitcoin also extended its upward momentum, breaking above $69,000. As of the 6th (Korea time), Bitcoin is trading at $69,172.21, up 2.86% from the previous day, according to CoinMarketCap.

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