Bitcoin’s bull market is likely back in business after price convincingly broke out of an ascending triangle pattern at around $69,000 and continued to print green candles afterward.
Bitcoin (BTC) has soared past the $72,000 mark, nearing all-time highs once again with over a quarter of a billion dollars in liquidations taking place in the process.
the vast majority being short positions on BTC.
Binance has seen the most liquidations, followed by OKX and HTX.
Bluntz, who earned the “Master Trader” rank on crypto exchange Bybit, is forecasting a move well into the six-figure for Bitcoin.
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