Bitcoin (BTC) reclaimed and held $20,000 into Oct. 6 as the latest rebound punished short speculators.
Bitcoin preserves “important” $19,600 zone
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing from local lows of $19,740 on Bitstamp around the Oct. 5 Wall Street open.
The pair then reversed prior losses, leading early shorters into $20 million in liquidations in 24 hours.
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