🚨 A massive long liquidation has pushed Bitcoin into months of bearish conditions.
And this time, a large-scale short liquidation has driven $BTC rapidly higher!📈
But a single big bullish candle can’t prove that a new bull market is already underway—though it does once again show that the long/short forces in the crypto market may flip dramatically within an extremely short time.
If buyers can hold onto this upswing, could this short squeeze become the start of an even bigger move?👀🔥
#BTC #Bitcoin #Crypto