Bitcoin can liquidate $15B in shorts with 10% BTC price uptick — Data

Bitcoin traders eye key levels to hold and reclaim into the weekly close, but the chances of a major liquidity grab are growing.

Key points:

Bitcoin is working on completing a “successful” support retest as trader bets increase prior to the weekly candle close.

BTC price volatility is expected as liquidity analysis shows that conditions favor a significant short squeeze.

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