"$163,745,606 of Bitcoin shorts liquidated in an hour," quant analyst Lex Moskovski noted on Twitter as the market turned.
Interesting article about the price of bitcoin and where it might be heading from here. We'll have to see if it can hold on to the new highs over the weekend as Sunday is usually a down day as crypto starts to worry about what the overall markets are going to do on Monday. Having said that, bitcoin might be so high above 60k that any pull back might still be all time highs. Looks bullish to me, I'm not selling anything right now. What is everyone else doing/buying.....?
Read the full story here....
https://cointelegraph.com/news/bitcoin-suddenly-hits-60k-as-a-new-resistance-battle-liquidates-850m