Bitcoin

Bitcoin back over $30,000 – spot driven rally, minimal amount of liquidations

04/18/2023
Bitcoin Ethereum News

Quick Take

  • Bitcoin is back over $30,000 — 3% up on the day.
  • Shorts got liquidated by only $20 million in the past four hours.
  • While open interest stays relatively flat — denoting spot buying behavior.
OI: (Source: Glassnode)
OI: (Source: Glassnode)
Liquidations: (Source: CoinGlass)
Liquidations: (Source: CoinGlass)
BTCUSD: (Source: Trading View)
BTCUSD: (Source: Trading View)

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Source: https://cryptoslate.com/insights/bitcoin-back-over-30000-spot-driven-rally-minimal-amount-of-liquidations/