Bitcoin (BTC) headed back to $28,000 on March 29 as a classic short squeeze took the market to five-day highs.
BTC liquidations mount as Bitcoin reverses Binance dip
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $28,159 on Bitstamp.
The abrupt uptick came courtesy of exchanges , where a band of shorts were “blown out” to remove resistance and allow higher levels to return.
As noted by analyst Skew, these…
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