Bitcoin (BTC) passing $30,000 and hitting highs of near $31,000 has caused huge pain for traders betting on a bearish pullback.
Data from Cointelegraph Markets, Cryptometer and TradingView confirmed that as BTC/USD peaked at $30,960 on Jan. 2, it liquidated $100 million of shorts.
BTC shorters feel the burn… again
Amid highly volatile conditions, Bitcoin attempted to crack $30,000 several times on New Year’s Day and overnight before finally…
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