- Bitcoin made a high on March 12, to $21,500, as futures markets prepared to open in the next few hours.
- Over $100 million of liquidations occurred in the past 24 hours
- Markets have been net short Bitcoin in the past few days extensively.
- While accumulation for spot Bitcoin was also happening at the same time.
The post Bitcoin rises to over $21k, as shorts get squeezed out and returns to pre SVB price levels appeared first on CryptoSlate.
Source: https://cryptoslate.com/insights/bitcoin-rises-to-over-21k-as-shorts-get-squeezed-out-and-returns-to-pre-svb-price-levels/