Bitcoin (BTC) had its strongest day since the post-FTX market crash on Thursday, closing 5% higher at US$18,850 on the BTC/USDT pair and remaining there this morning.
Following the daily rally, more than US$175mln worth of short positions were liquidated, according to Coinglass data.
An intraday high of US$19,120 was posted before the bears stepped in; if they remain in charge, BTC could be pulled back to US$18,500.
In the event of bullish momentum, BTC/USDT could possibly move to…
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