AMB Crypto
2023-02-01 04:30:29

Bitcoin [BTC]: A tale of how short traders caused a price rally in January

BTC saw a huge number of short trader liquidations in the last month, hence the price rally. With waning buying pressure, BTC’s price might soon suffer a correction. In January 2023, Bitcoin [BTC] markets experienced their strongest monthly performance since October 2021, with a year-to-date (YTD) increase of over 43%. Glassnode, in a new report,

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