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Bitcoin Price Prediction: $500 Million in Short Positions Just Got Wiped Out — New Bull Market Starting?

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Bitcoin might just triggered a major short squeeze that could affect price prediction.Over the past 24 hours, roughly $575M in positions were liquidated, with nearly $500M coming from short sellers alone. Bitcoin accounted for a large share of that wipeout, as price surged toward $70,000 before pulling back slightly.That forced buying accelerates the rally and […]

The post Bitcoin Price Prediction: $500 Million in Short Positions Just Got Wiped Out — New Bull Market Starting? appeared first on Cryptonews.

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