#Bitcoin just hit $73,000 price climbed more than 10% in the last two days
a large wave of short positions got forced to close, adding extra buying pressure that helped the rally this is the highest level since the sharp drop earlier in the summer
over $3 billion in short liquidations hit the wider market, with bitcoin making up a big share of that total
trading volume also rose, showing more real participation behind the move simple breakdown: > broke out of a quiet multi-week range
> heavy short liquidations forced buyers back in
> higher volume confirmed the move had real activity
short-term momentum is clearly stronger
the next test is whether price can hold above this area or if some of the gains get sold in the coming days fast and liquidation-driven rebound after weeks of quieter trading ^^ do you think this has more room to run, or will it cool off from here? #BTC Price Analysis# $BTC $SOL #Bitcoin Price Prediction: What is Bitcoins next move?#
a large wave of short positions got forced to close, adding extra buying pressure that helped the rally this is the highest level since the sharp drop earlier in the summer
over $3 billion in short liquidations hit the wider market, with bitcoin making up a big share of that total
trading volume also rose, showing more real participation behind the move simple breakdown: > broke out of a quiet multi-week range
> heavy short liquidations forced buyers back in
> higher volume confirmed the move had real activity
short-term momentum is clearly stronger
the next test is whether price can hold above this area or if some of the gains get sold in the coming days fast and liquidation-driven rebound after weeks of quieter trading ^^ do you think this has more room to run, or will it cool off from here? #BTC Price Analysis# $BTC $SOL #Bitcoin Price Prediction: What is Bitcoins next move?#