Bitcoin shows signs of local bottom as short liquidity clusters form

Cumulative short positions all the way up to $113,000 may spark a relief rally for ￰0￱ leading coins is showing signs of reaching a local bottom, with speculations of a further ￰1￱ of the chances for a BTC recovery may be a short squeeze, liquidating positions up to $113,000. Liquidity is rebuilding on the upside, which has historically led to rapid ￰2￱ is rebuilding short liquidity, which led to a rapid recovery back above $103,000. |