Bitcoin rises to over $21k, as shorts get squeezed out and returns to pre SVB price levels

Bitcoin made a high on March 12, to $21,500, as futures markets prepared to open in the next few hours. Almost $100 million of liquidations occurred in the past 24 hours Markets have been net short Bitcoin in the past few days extensively. While accumulation for spot Bitcoin was also happening at the same time. Liquidations: (Source: Coinglass) BTC Price: (Source: ZeroHedge)

The post Bitcoin rises to over $21k, as shorts get squeezed out and returns to pre SVB price levels appeared first on CryptoSlate.